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ARTICLE · 23 APRIL 2021

Biden Administration Issues Executive Order Imposing New Sanctions On Russia

On April 15, 2021, President Biden issued an Executive Order (found here),"Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation."

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On April 15, 2021, President Biden issued an Executive Order (found here),"Blocking Property with Respect to Specified Harmful Foreign Activities of the Government of the Russian Federation." This Executive Order implements new sanctions on Russia in response to Russia's cyber attacks, involvement in transnational corruption, interference in the 2020 U.S. presidential election, pursuit of extraterritorial activities against journalists and dissidents, and other anti-democratic violations of international legal principles. According to the White House, the goal of these sanctions is to impose economically impactful costs on Russia as a result of its destabilizing international actions (press release found here). Importantly, the Executive Order authorizes the imposition of sanctions on a wide range of persons, including those operating in the technology and defense and related materiel sectors in Russia.

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