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European Union › Trade Policy › Russia

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Skadden, Arps, Slate, Meagher & Flom LLP

EU’s 14th Sanctions Package: Compliance Obligations Expand and Exits Are Facilitated

Skadden, Arps, Slate, Meagher & Flom LLP on

On 24 June 2024, the European Union (EU) adopted its 14th sanctions package directed against Russia, imposing an asset freeze against an additional 116 individuals and entities and expanding sectoral sanctions targeting key...more

Eversheds Sutherland (US) LLP

National Security Act of 2024 extends statute of limitations for sanctions violations to 10 years

Eversheds Sutherland (US) LLP on

The measure also harmonizes Russia sanctions rules with allies, and intensifies penalties against Iran - The National Security Act, 2024 (Pub. L No 118-50) was enacted on April 24, 2024. In addition to the Act’s provisions...more

K2 Integrity

One Year Later Implementing Sanctions Against Russia

K2 Integrity on

Approximately one year ago, in the immediate wake of Russia’s full-scale invasion of Ukraine, the United States (U.S.), United Kingdom (UK), and European Union (EU) launched a global sanctions campaign against Russia that...more

Foley Hoag LLP

The U.S., EU, and UK Implement New $60 Price Cap Related to Russian Oil

Foley Hoag LLP on

Following the initial announcement in September 2022 by the Group of Seven Nations (“G7”) that they would set a price cap on Russian-origin oil and petroleum products, the U.S., the EU, and the UK have moved to implement the...more

American Conference Institute (ACI)

[Event] 16th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - May 5th - 6th, Washington, DC

American Conference Institute (ACI) on

ACI’s Annual Flagship Conference on Economic Sanctions Enforcement and Compliance is widely regarded as the premier conference designed for those working in global sanctions compliance, internal audits and investigations,...more

Jones Day

EU Competition Enforcers Permit "Necessary and Temporary" Cooperation to Mitigate Disruption from Ukrainian Conflict

Jones Day on

The European Competition Network ("ECN") issued a policy statement indicating that member agencies will not intervene in legitimate, cooperative efforts to address disruptions caused by the conflict in Ukraine and related...more

Dorsey & Whitney LLP

US CHINA TRADE WAR JULY 2015 TPA, TPP, TRADE POLICY, TRADE AND CUSTOMS

Dorsey & Whitney LLP on

Because of the substantial activity in May, June and July with the passage of Trade Promotion Authority (“TPA”) and the ongoing Trans Pacific Partnership (“TPP”) negotiations, this blog post is being split into two parts. ...more

Mintz

US Sanctions as Diplomacy Tools and Political Weapons: Complexities and Opportunities for the Business Community

Mintz on

Sanctions: Why So Hot Now? - In response to a number of foreign policy crises encountered over the past few years, the Obama Administration has sought a new and more aggressive approach to using sanctions to advance US...more

King & Spalding

Russia Announces One-Year Ban Against Imports Of Agricultural Products From Western Countries

King & Spalding on

On August 7, the Russian Federation instituted a ban on the importation of most food products from Australia, the United States, the European Union, and Norway. The suspension of imports of meat, fish, fruit, vegetables, and...more

Faegre Drinker Biddle & Reath LLP

As Trade War with Russia Intensifies, U.S. and EU Companies Feel the Effects

Faegre Drinker Biddle & Reath LLP on

Despite the imposition of sanctions by the U.S. and EU since March, Russia had not retaliated economically until imposing the August 7 import ban on meat, fish, vegetables and dairy products from the U.S., EU, Canada,...more

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