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ARTICLE · 08 MARCH 2022

U.S. And EU Announce Export Controls For Belarus And Russia, Additional Sanctions Targeting Russia

Hughes Hubbard & Reed LLP
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On March 2 and March 4, 2022, the Biden Administration rolled out additional export controls and sanctions targeting Russia and Belarus for the invasion of Ukraine.

GlobalInternational Law

On March 2 and March 4, 2022, the Biden Administration rolled out additional export controls and sanctions targeting Russia and Belarus for the invasion of Ukraine.  These actions effectively extend to Belarus the new export controls targeting Russia announced last week.  They also significantly narrow two widely used license exceptions for Russia for “temporary sojourns” of aircraft and for certain encryption items.  They further target Russia's oil refining sector and identify entities that support Russian military activities. 

Additionally, on March 2, 2022, the Biden Administration issued new guidance on some of the sanctions announced last week and amended or issued several general licenses.  On March 3, 2022, the Biden Administration implemented another large tranche of new sanctions and issued a new general license.  

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