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ARTICLE · 21 MARCH 2023

U.S. Issues Extensive New Restrictions On Russia

Cassidy Levy Kent LLP
Cassidy Levy Kent LLP
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Cassidy Levy Kent LLP

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As the war in Ukraine entered its second year, the United States on February 24, 2023, announced a wide array of economic sanctions, export controls, and tariffs it is imposing on Russia ...

United StatesInternational Law
Ulrika K. Swanson
Ulrika K. Swanson
Myles S. Getlan
Myles S. Getlan
Alexandra B. Hess
Alexandra B. Hess
Stephen Laufer
Stephen Laufer
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As the war in Ukraine entered its second year, the United States on February 24, 2023, announced a wide array of economic sanctions, export controls, and tariffs it is imposing on Russia and countries supporting Russia in its illegal war on Ukraine, including Iran. These measures, developed in coordination with U.S. allies, seek to degrade Russia's military capabilities and limit its access to sources of revenue that support those capabilities. These actions include the following, briefly summarized below.

Implementation of Additional Sanctions Against Russia and Belarus Under the Export Administration Regulations (EAR) and Refinements to Existing Controls

This rule, issued by the Department of Commerce's Bureau of Industry and Security (BIS), expands and strengthens its existing sanctions again Russia and Belarus. This includes:

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