Trade and Manufacturing Monitor

News and insight from our international trade practice group

U.S. Tightens, Expands Sanctions and Export Controls on Russia & Belarus

Today, the U.S. Treasury, State, and Commerce Departments announced new sanctions and export control restrictions on Russia and Belarus, targeting parties in and activities related to the technology, quantum…

U.S. Extends General License Allowing Certain Administrative Transactions with the Russian Government

On September 8, the U.S. Office of Foreign Assets Control (OFAC) extended a general license authorizing certain administrative transactions involving the Central Bank of the Russian Federation, the National Wealth Fund…

United States Imposes Next Round of Sanctions Targeting “Substantial” Russian Revenue Streams

Today, the United States imposed another round of sanctions on Russia, targeting Russian elites, universities, and technological institutions. Blocking Sanctions The U.S. Treasury Department’s Office of Foreign…

EU Imposes Seventh Round of Sanctions: Ban on Russian Gold; New Asset Freezes; Expansion of Existing Measures

Last week, the European Union imposed its seventh round of sanctions on Russia, imposing a range of new restrictive measures . The new sanctions include a ban on dealings in Russian-origin gold, updates to existing…

Latest Round of Russia Sanctions: Rostec & New SDNs, Tariff Increases, Entity List, and Ban on Gold Imports

Today, the United States, in coordination with other G7 countries, announced new sanctions, export controls, and import restrictions on Russia. The latest U.S. package of measures include sanctions targeting Russia’s…