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ARTICLE · 04 MARCH 2022

Russia Sanctions: What Global Business Needs To Know Now

Arnall Golden Gregory
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This is a fast-moving issue and additional sanctions are possible at any time.

GlobalInternational Law
Michael E. Burke
Michael E. Burke
Felix S. Swierski IV
Felix S. Swierski IV

In response to the Russian invasion of Ukraine — and Belarus's support of the invasion — the United States has unveiled a range of economic sanctions on Russia and Belarus over the past week that will impact every U.S. business with operations or contacts in those jurisdictions. This client alert will discuss the sanctions imposed as of February 28, 2022. This is a fast-moving issue and additional sanctions are possible at any time. In addition, the U.S. is coordinating this sanctions effort with European Union Member States, the United Kingdom, Canada, and other jurisdictions — so the scope and reach of U.S. and allied sanctions will change over time.

Bottom Line Up Front

As a result of the U.S. sanctions on Russia, every global business — based in the U.S. or based elsewhere — should determine:

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