Trade and Manufacturing Monitor

News and insight from our international trade practice group

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…

United Kingdom Sanctions Putin, EU and U.S. to Join Shortly

Today, the United Kingdom imposed asset freeze restrictions on Vladimir Putin and Russian Foreign Minister Sergei Lavrov. The largely symbolic measure requires that funds, assets, and economic resources subject to U.K.…

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…