In response to Russia’s ongoing aggression in Ukraine, both the United States and the European Union have imposed additional sanctions and further restricted exports to Russia and Iran..
U.S. Department of Commerce, Bureau of Industry and Security BIS published in Federal Register Final Rule, 87 Fed Reg. 57068, amending Export Administration Regulations EAR to impose several new controls on exports, reexports, and transfers of items within Russia and Belarus
Well, the Bureau of Industry and Security (BIS) waited until the summer was over, but timing may be the best part of the new export controls on Russia and Belarus (the “Rule”)..
Bureau of Industry and Security updated their previous export controls on Russia and Belarus and added new ones. They expanded Russian and Belarusian industry sector sanctions to include quantum computing equipment, manufacturing equipment, software and technology.