The Council of the European Union has decided to prolong by 6 months the application of EU restrictive measures targeting actions against Ukraine’s territorial integrity, sovereignty and independence. These sanctions consist of an asset freeze and a travel ban against 146 persons and 37 entities.  They have been extended until 15 March 2017.

The measures had been introduced in March 2014 and were last extended in March 2016.The assessment of the situation did not justify a change in the regime of sanctions nor in the list of persons and entities under restrictive measures. Information and statement of reasons for maintaining listing related to these persons and entities were updated as necessary.

The legal acts are available in the EU Official Journal of 16 September 2016.  Both the Council Decision and the Council Implementing Regulation are available online.

The comprehensive list of targeted individuals and entities is included as an annex to both the Decision and the Implementing Regulation.

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Guy Soussan advises clients on various aspects of EU and French export control regulations, including controls and licensing regimes for both military and commercial products and technologies. His export practice covers compliance development and implementation, internal investigations, and enforcement matters, including voluntary disclosures. He also provides advice and assistance with EU economic sanctions targeting specific countries such as Iran, Libya, Syria, and most recently, Ukraine and Russia. His experience covers a wide range of industries, including manufacturing, energy, telecommunications, banking and insurance, petroleum and petro-chemicals, aerospace, and defense. He has conducted internal compliance audits, provided assistance on company compliance programs, and counseled clients on the application of the rules to specific transactions.

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