Trade and Manufacturing Monitor

News and insight from our international trade practice group

New Russia Sanctions Measures from Canada, Australia, Japan, and South Korea

In coordination with the United States, EU, and other allies, Canada, Australia, Japan, and South Korea have announced a series of additional sanctions on Russia. Companies with operations in these jurisdictions should…

Commerce Department Issues New Export Controls on Russia in Response to the Invasion of Ukraine

As part of a package of new sanctions on Russia that are effective February 24, 2022, the United States imposed a series of significant new export control measures on exports of many products, software and technology…

U.S. Imposes Additional Sanctions on Russia: Sberbank, VTB, & Financing Restrictions

Today, the United States imposed a significant package of sanctions and export control restrictions on Russia following the escalating hostilities in Ukraine. The European Union, United Kingdom, and allied countries…

U.S. Imposes Sanctions Targeting Belarusian Banking and Defense Sectors, Belarusian Officials

Today, the Treasury Department’s Office of Foreign Assets Control (OFAC) imposed blocking sanctions on 24 Belarusian individuals and entities for supporting or otherwise facilitating Russia’s actions in Ukraine,…

United Kingdom Imposes Broad New Sanctions on Russia

Today, the United Kingdom imposed sanctions on Russia following Prime Minister Boris Johnson’sannouncement that the United Kingdom would significantly expand sanctions in response to the invasion of Ukraine. The new…