Trade and Manufacturing Monitor

News and insight from our international trade practice group

EU to impose airspace, media sanctions on Russia; additional sanctions on Belarus

Today, the European Union announced that it would close EU airspace to all Russian-owned, Russian registered, or Russian-controlled aircraft, including private aircraft owned by the Russian elite. The bloc’s move…

Western countries pledge sanctions related to SWIFT & Russia’s Central Bank

Today, the United States, European Union, and allies issued a joint statement pledging additional sanctions on Russia in response to the escalating conflict in Ukraine. While the details remain to be determined, the…

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…