 |
In reaction to the annexation of Crimea to the Russian Federation and the on-going political crisis concerning Ukraine, the EU and US have expanded the list of parties against which asset freezes and travel bans have been imposed. The respective lists continue to cover predominantly Russian politicians and government officials, but for the first time in respect of the Ukrainian crisis, the US has designated an entity, namely a bank. Further, several of the targeted individuals have significant business interests, increasing the impact of the sanctions on those doing business in Russia. Russia has responded by barring nine senior US officials from Russia. A brief overview of these measures follows. |
Client Alert: EU and US Expand Sanctions against Russia. Russia Retaliates.
By Import and Trade Remedies Blog 1 Min ReadCategories:
