The Council extended the restrictive measures in response to the illegal annexation of Crimea and Sevastopol by Russia until 23 June 2017. The sanctions measure target imports of products from Crimea or Sevastopol, investing in or providing tourism services in Crimea or Sevastopol, exporting certain goods and technologies to Crimean companies, or providing technical assistance … Continue Reading
Russia has renewed its embargo on food imports from several of the countries that have imposed sanctions on Russia, until 31 December 2017. The countries include Member States of the EU, the US, Canada, Australia, Norway, Albania, Montenegro, Iceland, Liechtenstein and Ukraine. Russia first introduced the embargo in 2014 as a counter-measure to sanctions imposed by western governments in protest … Continue Reading
On 16 September 2015, Ukrainian President Petro Poroshenko signed Decree No. 549/2015 issuing new economic sanctions targeting persons and entities supporting Russia’s annexation of Crimea and aggressions in the Donbass region of Eastern Ukraine. The decree, which is effective for one year, applies sanctions against 388 individuals and more than 105 entities, the preponderance being … Continue Reading
The US Department of Commerce, Bureau of Industry and Security (BIS) has issued a final rule amending the Export Administration Regulations (EAR) by adding 29 persons to the Entity List. These persons have been determined by the US Government to be acting contrary to the national security or foreign policy interests of the United States … Continue Reading
Montenegro and Albania both aligned themselves with the Decisions of the Council to extend the sanctions in place in response to the “illegal annexation of Crimea and Sevastopol” and in respect of the situation in Ukraine. EFTA countries, Iceland, Liechtenstein and Norway, have followed suit and extended their own sanctions regimes to match the extended … Continue Reading
The sanctions imposed against Russia and Crimea have been extended by the Council of the EU for a further six months for Russia, until 31 January 2016, and for a further 12 months for Crimea and Sevastopol, until 23 June 2016. The scope of the sanctions remains the same as already in force.… Continue Reading