The US continues to impose additional sanctions and export
control restrictions in response to Russia's invasion into
Ukraine. The latest measures from both the Commerce Department and
the Treasury Department specifically target Russian elites and
Russia's and Belarus's defense sectors as well as other
critical industries.
Specifically, on March 2, 2022, the Department of
Commerce's Bureau of Industry and Security (BIS) implemented
new export control rules, including by extending to Belarus many of
the export restrictions it placed on Russia in response to
Belarus's involvement in Russia's actions. The new
measures include: imposition of licensing requirements on a large
swatch of commodities, software, and technology (collectively,
items) not previously requiring a license; elimination and/or
limitation on the use of existing license exceptions; and
application of the foreign direct product rule (FDPR) to impose
export control jurisdictions on foreign-made items
