Trade and Manufacturing Monitor

News and insight from our international trade practice group

U.S., EU, & Allies Impose Sanctions on Russia’s Central Bank, Targeting Russia’s Foreign Currency Reserves

The United States, European Union, and other G7 members imposed coordinated sanctions on Russia’s Central Bank today in a move that is designed to have a significant and sustained impact on the Russian economy by…

EU Imposes Sanctions on Russian Oligarchs; U.S. Sanctions RDIF

Today, the European Union imposed asset freeze sanctions on a number of prominent Russian oligarchs, two CEOs of Russian energy companies, and a number of Russian government officials. Among the oligarchs targeted are…

European Union Imposes Second Round of Export Controls & Sanctions on Russia

Following similar measures imposed by the United States, the European Union imposed an array of new export controls and sanctions targeting Russia. Regulation (EU) 2022/328 amends Regulation (EU) 833/2014 to ban trade…

Summary of the Wide-Ranging Sanctions Imposed on Russia This Week

This week, the United States, European Union, and allied countries imposed a broad range of sanctions and export control restrictions on Russia in response to Russia’s invasion of Ukraine. We expect Western countries…

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…