Trade and Manufacturing Monitor
U.S. Extends General License Allowing Certain Administrative Transactions with the Russian Government
On September 8, the U.S. Office of Foreign Assets Control (OFAC) extended a general license authorizing certain administrative transactions involving the Central Bank of the Russian Federation, the National Wealth Fund…
United States Imposes Next Round of Sanctions Targeting “Substantial” Russian Revenue Streams
Today, the United States imposed another round of sanctions on Russia, targeting Russian elites, universities, and technological institutions. Blocking Sanctions The U.S. Treasury Department’s Office of Foreign…
EU Imposes Seventh Round of Sanctions: Ban on Russian Gold; New Asset Freezes; Expansion of Existing Measures
Last week, the European Union imposed its seventh round of sanctions on Russia, imposing a range of new restrictive measures . The new sanctions include a ban on dealings in Russian-origin gold, updates to existing…
Latest Round of Russia Sanctions: Rostec & New SDNs, Tariff Increases, Entity List, and Ban on Gold Imports
Today, the United States, in coordination with other G7 countries, announced new sanctions, export controls, and import restrictions on Russia. The latest U.S. package of measures include sanctions targeting Russia’s…
EU’s Latest Sanctions Package Imposes Embargo on Russian Energy; Additional Restrictions On Russian and Belarusian Dealings
Last Friday, the European Union adopted its sixth round of sanctions against Russia, including the highly anticipated ban on imports of Russian seaborne crude oil and petroleum products and the provision of related…