Yesterday, the Commerce Department’s Bureau of Industry and Security (“BIS”) issued temporary denial orders (“TDOs” or “orders”) on three Russian airlines – Aeroflot, Azur Air, and UTair – effectively cutting them off from U.S. exports, U.S.-origin items, and items manufactured
Trade and Manufacturing Monitor
News and Insight from our International Trade Practice Group
Trade and Manufacturing Monitor, published by Kelley Drye & Warren LLP, covers regulatory and compliance developments affecting international trade and manufacturing sectors. The blog addresses topics such as export controls, sanctions enforcement, tariff regulations, and supply chain risks, with a focus on U.S. and global regulatory frameworks. It discusses issues like sanctions circumvention, export denial orders, tariff exclusion processes, forced labor prevention in supply chains, and nuclear nonproliferation controls. The content is aimed at helping companies navigate complex trade compliance requirements, assess risks related to high-risk countries and products, and understand evolving government enforcement actions and policy updates.
Latest from Trade and Manufacturing Monitor - Page 6
Congress Votes to Revoke Russian PNTR, Ban Russian Energy Imports
Today, by overwhelming margins, Congress passed two pieces of legislation to further punish Russia for its invasion of Ukraine. The bipartisan bills suspend Permanent Normal Trade Relations (PNTR) with Russia and Belarus and codify President Biden’s recent Executive Order banning…
U.S. Imposes New Russia Sanctions Targeting Banks, Investments, Services, & Officials; EU Announces Fifth Round of Sanctions
Today, the United States imposed broad new sanctions on Russia in response to the continuing conflict in Ukraine. The new measures include full blocking sanctions on Sberbank and Alfa-Bank, two of the largest banks in Russia, a ban on new…
UK Imposes Asset Freeze on Sberbank, Credit Bank of Moscow, and Prominent Russian Oligarchs Active in Key Industries as Part of Latest Package of Measures
Today, the United Kingdom announced its next package of sanctions on Russia.
The measures, elements of which were implemented today, are aimed at reducing dependency on Russian energy, and further degrading Russia’s economy and capabilities. In today’s action, the UK…
BIS Adds 120 Russian & Belarusian Parties to the Entity List
On Friday, the Commerce Department’s Bureau of Industry and Security (BIS) added 120 parties operating in the Russian and Belarusian aerospace, maritime, and defense sectors to the Entity List. BIS designated the parties for attempting to procure items subject to…
President Biden Issues Directive to Boost Critical Mineral Production
By Joshua Morey & Maliha Khan
Last week, President Biden invoked the Defense Production Act (“DPA”) to expand domestic production of certain critical minerals involved in the manufacture of large capacity batteries. The five minerals specifically identified in the President’s memorandum are lithium, nickel, cobalt, graphite,…
U.S. Sanctions Russian Chipmaker & Tech Companies; Expands Sanctions Authority
Today, the United States imposed sanctions on Russian technology companies and a network of companies involved in procuring goods for the Russian Intelligence Services. The Treasury Department also issued a determination authorizing the Office of Foreign Assets Control (OFAC) to impose sanctions…
Additional U.K. Sanctions Targeting Russian Industries, Banks, Elites; Belarusian Entities
Today, the United Kingdom expanded sanctions on Russia by imposing asset freeze restrictions on 59 Russian and six Belarusian actors. The measures target key strategic industries in Russia, and include large banks, defense companies, and Russian elites.
Of note, the…
New U.S. Sanctions on Russian Defense & Aerospace Companies; Anti-Evasion Initiative; Guidance on Gold
In coordination with G7 countries and the European Union, the United States imposed additional sanctions on Russia today, targeting Russian defense and aerospace companies, the Russian Duma, and the CEO of Sberbank, among others. The White House also announced that…
Summary of Sanctions Imposed on Russia This Week (March 18, 2022)
The pace of new Russia sanctions matters slowed this week, with most of the action coming out of the European Union and United Kingdom. New measures this week included bans on imports of steel and iron products, exports of luxury…