News & Analysis as of

Trade Restrictions Imports General Licenses

Foley Hoag LLP

OFAC Issues Two Determinations Prohibiting Dealings in Certain Metals of Russian Origin; Extends General License Allowing Payment...

Foley Hoag LLP on

On April 12, 2024, in coordination with the United Kingdom, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued two new Determinations (collectively, the “Determinations”) that together prohibit...more

BakerHostetler

Current State of U.S. Economic Sanctions Imposed on the Russian Federation and Covered Regions of Ukraine in Response to the...

BakerHostetler on

In response to the Russian Federation’s (Russia) egregious and unprovoked invasion of Ukraine that began in February 2022, the U.S. government has deployed a whole-of-government approach in imposing sanctions and export...more

McDermott Will & Emery

Eighth EU Sanctions Package: Closing the Loop on More Goods, Services and Russian Oil

McDermott Will & Emery on

In response to Russia’s further aggression against Ukraine and its illegal annexation of the Donetsk, Kherson, Luhansk and Zaporizhzhia regions (the Occupied Regions), the European Union (EU) has adopted a new sanctions...more

Latham & Watkins LLP

Sanctions Update: UK Bans New Investment in Russia and Imposes Significant Additional Sanctions

Latham & Watkins LLP on

The ban hits new investment in Russia and certain professional services, while also restricting imports of Russian oil, coal, and gold and exports of key industrial goods. This Client Alert is published in the context of...more

Bass, Berry & Sims PLC

Russia, Ukraine: Update as of July 7

The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post summarizes new U.S. sanctions and...more

Dorsey & Whitney LLP

U.S. Bars Accounting, Trust and Corporate Formation, and Management Consulting Services and Adds Export Restrictions to Russia

Dorsey & Whitney LLP on

The United States has announced yet another round of economic sanctions against Russia that builds on existing sanctions and extends them to new sectors of the Russian economy. The U.S. Department of the Treasury’s Office of...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - March 2022 #2

During the past week, the US continued to strengthen its sanctions against Russia as Russia continued its invasion of Ukraine. ..BIS issued a final rule clarifying which luxury goods are subject to the ban on exports to...more

WilmerHale

Sanctions Update: Policymakers Worldwide Rolling Out New Measures to Increase the Economic Costs of Russia’s War Against Ukraine

WilmerHale on

Western sanctions against Russia have continued to broaden substantially into new areas of trade, especially in the energy sector. Policymakers in Washington DC, Brussels, London and other allied capitals also continue to...more

BCLP

U.S. Further Expands Measures Against Russia with Additional Import, Export, Sanctions Restrictions

BCLP on

Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more

Holland & Knight LLP

Executive Order Targeting Russian Energy Sector Has Immediate Effect on Shipping Industry

Holland & Knight LLP on

In the past week, the White House has launched additional salvos of sanctions against the Russian Federation in response to its continued efforts to undermine the sovereignty and territorial integrity of Ukraine. This Holland...more

Latham & Watkins LLP

Sanctions Update: US Targets Russia’s Energy Sector, Announces New Trade Restrictions, and Issues New Sanctions Designations

Latham & Watkins LLP on

New sanctions prohibit Russian energy product imports, investments in Russia’s energy sector, and dealings with dozens more Russia-related parties, and impose broader trade restrictions. This Client Alert is published in...more

White & Case LLP

US Announces Energy Import Ban, and Further Sanctions and Export Controls on Russia and Belarus; Restricts Russian Aircraft from...

White & Case LLP on

Between March 2 and 8, 2022, the US undertook a number of measures escalating the sanctions against Russia and Belarus. The US banned the imports of certain Russian energy products, prohibited new investment in the Russian...more

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