Trade and Manufacturing Monitor
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…
Update on Russia Sanctions Announced by Canada, Australia, and Japan
Canada, Australia, and Japan announced a first wave of sanctions on Russia in response to the situation in Ukraine. These measures are similar in many respects to the sanctions announced by the United States and…
European Union Announces First Round of Sanctions on Russia: Banks, Sovereign Debt, Elites, DNR/LNR Trading Ban (UPDATED)
This post was updated on 2/24 following the release of the underlying EU legislation. Yesterday, the European Union imposed new sanctions on Russia in response to the situation in Ukraine. The array of measures…
U.S. Imposes Sanctions on Nord Stream 2 AG
Today, President Biden announced new U.S. sanctions on Nord Stream 2 AG and its corporate officers, including its German CEO, Matthias Warnig. Nord Stream 2 AG is a Swiss company owned by Gazprom, the Russian gas…