Trade and Manufacturing Monitor

News and insight from our international trade practice group

UK Imposes Asset Freeze on Sberbank, Credit Bank of Moscow, and Prominent Russian Oligarchs Active in Key Industries as Part of Latest Package of Measures

Today, the United Kingdom announced its next package of sanctions on Russia. The measures, elements of which were implemented today, are aimed at reducing dependency on Russian energy, and further degrading Russia’s…

BIS Adds 120 Russian & Belarusian Parties to the Entity List

On Friday, the Commerce Department’s Bureau of Industry and Security (BIS) added 120 parties operating in the Russian and Belarusian aerospace, maritime, and defense sectors to the Entity List. BIS designated the…

U.S. Sanctions Russian Chipmaker & Tech Companies; Expands Sanctions Authority

Today, the United States imposed sanctions on Russian technology companies and a network of companies involved in procuring goods for the Russian Intelligence Services. The Treasury Department also issued a…

Additional U.K. Sanctions Targeting Russian Industries, Banks, Elites; Belarusian Entities

Today, the United Kingdom expanded sanctions on Russia by imposing asset freeze restrictions on 59 Russian and six Belarusian actors. The measures target key strategic industries in Russia, and include large banks,…

New U.S. Sanctions on Russian Defense & Aerospace Companies; Anti-Evasion Initiative; Guidance on Gold

In coordination with G7 countries and the European Union, the United States imposed additional sanctions on Russia today, targeting Russian defense and aerospace companies, the Russian Duma, and the CEO of Sberbank,…