Alerts4.4.23
Recent U.S. Sanctions, Export Controls on Russia and Belarus Underscore Compliance Concerns in International Transactions
Highlights
Companies should consider reviewing new sanctions and export controls targeting Russia’s mining and metals sectors, hundreds of individuals and entities in and outside of Russia, and changes to low-level items requiring a license for Russia and Belarus
New U.S. government guidance highlights diversion and evasion risk for international transactions
Companies should expect robust enforcement as the U.S. continues to find new ways to partner with allies to combat sanctions evasion tactics
A number of recent actions by the U.S. government increase the restrictions related to Russia and Belarus trade sanctions and highlight the risk for companies doing business even in unrelated countries. These actions include:
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