Archives: Ukraine

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US Commerce and Treasury Departments Add to Lists of Sanctioned Entities Under Russia-/Ukraine-Related Programmes

In June 2017, the Office of Foreign Assets Control (OFAC) and the US Commerce Department’s Bureau of Industry and Security (BIS) imposed coordinated sanctions against two entities from the Crimea Region of Ukraine and eight entities from Russia. OFAC added each entity to the OFAC List of Specially Designated Nationals (SDN List) and Block Persons under the executive orders implemented … Continue Reading

EU Renews Its Sanctions Against Crimea and Sevastopol

On 19 June 2017, the Council extended its territorial sanctions against Crimea and Sevastopol until 23 June 2018. Under these sanctions, EU members are prohibited to import into the EU goods originating in Crimea or Sevastopol, with the exception of goods originating in Crimea or Sevastopol that have been granted a certificate of origin by the Government of Ukraine. In … Continue Reading

BIS Announces Arrest of Ukrainian National and a US$27 Million Settlement With Access USA Shipping, LLC

On 7 March, the Bureau of Industry and Security (BIS) announced the arrest of a Ukrainian national on charges related to the export of military technology to Ukraine. Separately, on 24 March, the BIS announced a US$27 million civil settlement with Access USA Shipping, LLC, a company based in Sarasota, Florida, for alleged export controls violations … Continue Reading

EU Extends Ukraine Misappropriation Sanctions

Following its annual review, the EU has renewed its asset freezes relating to individuals who are identified as being responsible for misappropriating Ukrainian state funds until 6 March 2018. These asset freezes were initially introduced in March 2014. Implementing Regulation 2017/374 implements Regulation 208/2014 and Decision 2017/381 amends Decision 2014/119/CFSP.… Continue Reading

EU Extends Asset Freezing Measures and Travel Bans on Individuals and Entities Responsible for Undermining the Territorial Integrity of Ukraine

The EU has extended its asset freezing measures and travel bans on entities and individuals who are involved in undermining or threatening Ukraine’s territorial integrity, sovereignty and independence for a further six months, until 15 September 2017. The EU’s listings on these measures include, to date, 150 people and 37 entities. Implementing Regulation 2017/437 implements … Continue Reading

European Court of Justice (ECJ) Clarifies Sanctions in Response to the Crisis in Ukraine Against Certain Russia Undertakings

In February 2015, the UK Divisional Court referred questions to the ECJ for a preliminary ruling in the course of Rosneft’s judicial review proceedings challenging UK legislation that gives effect to EU sanctions against Russia. The questions referred concerned the interpretation and validity of Council Decision 2014/512/CFSP and Council Regulation (EU) 833/2014. In response to … Continue Reading

Russia Renews Embargo on Food Imports

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

Trade Talk – Week in Review (9-13 May 2016)

Nordic Leaders Summit.  In a joint statement released after their meeting last Friday, the leaders of the United States, Denmark, Finland, Iceland, Norway, and Sweden pledged to deepen cooperation on international issues related to security and defense; migration and refugees; climate, energy and the Arctic; and economic growth and global development.  The Leaders stressed the … Continue Reading

EU Extends Restrictive Measures Adopted in Respect of “Actions Undermining or Threatening the Territorial Integrity, Sovereignty and Independence of Ukraine”

On 10 March 2016, the EU renewed economic sanctions against 146 Russian individuals and 37 entities selected for “undermining the territorial integrity or stability of Ukraine.” The measures, previously due to expire on 15 March 2016, will now remain in place for an additional six months until 15 September 2016. They were implemented by way of adoption of Implementing … Continue Reading

Ukraine

On 28 January 2016, The General Court of the EU ruled in favour of five Ukrainian nationals who brought proceeding before the Court with a view to annulling their inclusion on the list of persons identified as responsible for the misappropriation of Ukrainian State funds. The Court held that the five, including Mykola Yanovych Azarov … Continue Reading

Trade Talk – Week in Review (18-22 January 2016)

The Senate was in session last week, while the House of Representatives (“the House”) remained in recess in observance of the Martin Luther King holiday.  Implementation Day of the Joint Comprehensive Plan of Action (JCPOA) with Iran took effect, as did a prisoner swap last week.  Washington’s attention then quickly shifted to an impending historic … Continue Reading

Ukraine Imposes Economic Sanctions Against Aggressors in Crimea

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

BIS Expands Entity List to Include 29 Persons Acting Contrary to US Policy in the Crimea Region of Ukraine

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

Non-Member States Adopt EU Changes to Belarus and North Korea Sanctions

EU candidate countries the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Albania and potential candidate Bosnia and Herzegovina have aligned their national sanctions policies with the latest amendments to the EU sanctions in place with respect to Belarus and the Democratic People’s Republic of Korea. These countries have been joined by the EFTA countries … Continue Reading

The Council of the EU Votes to Renew Sanctions Adopted with Respect to Ukraine for Six Months

On 14 September 2015, the Council of the EU voted to extend sanctions in respect of the actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine until March 2016. The sanctions, imposed by way of Regulation 269/2014 and Council Decision 2014/145/CFSP, were due to expire in September. They comprise EU-wide asset freezes as … Continue Reading

Russia, and the Situation in Ukraine, Crimea and Sevastopol

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

Extension of Asset Freezing Sanctions for Individuals in Respect of the Actions in Ukraine

On 5 June 2015, the European Council extended the asset freeze for three of the four individuals covered by the regime. Two of the individuals have had the asset freezes against them extended by nine months, with the third individual’s sanctions extended by four months. The fourth individual did not have sanctions extended as he … Continue Reading
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