Trade and Manufacturing Monitor
Summary of Sanctions Imposed on Russia This Week (March 11, 2022)
It has been almost three weeks since the U.S. and its allies began imposing serious new sanctions and export control restrictions on Russia and Belarus in response to Russia’s invasion of Ukraine. This post summarizes…
More Sanctions on Russia: Import Bans, Revocation of MFN Status, Luxury Goods Ban, USD Ban, Other Measures
In coordination with the European Union and G7 countries, the United States announced a raft of new sanctions and trade control measures targeting Russia today in response to the ongoing war in Ukraine. The new…
United Kingdom Expands Asset Freeze; Prominent Russian Figures Targeted
Today, the United Kingdom added seven Russian businessmen to its asset freeze list. Chief among the designations are Roman Abramovich, Igor Sechin, and Oleg Deripaska. Mr. Abramovich is best known for being the owner…
European Union Imposes Further Sanctions and Export Controls on Russia, Expands Sanctions on Belarus
On March 9, 2022, the European Union imposed new sanctions on Russian oligarchs, businesspeople and government officials; significantly expanded sanctions on Belarus; and imposed new maritime-related export controls on…
U.S. Bans Russian Energy Imports; Investments in Russian Energy Sector
Today, the Biden Administration issued a new Executive Order (E.O.) banning imports of Russian-origin energy into the United States and prohibiting new investments in the Russian energy sector. Although the United…