The U.S. Expands Sanctions Against Russia to Include the Accounting, Trust and Corporate Formation Services, and Management Consulting Sectors of the Russian Economy and Expands Export.
Biden Administration announced series of export controls and sanctions measures intended to ratchet up the costs on Russias economy and limit its ability to continue its war in Ukraine. US Department of Commerce, BIS added still more export license requirements on HTS codes.
On May 8, 2022 (aka Mother’s Day), the Biden Administration announced yet another series of export controls and sanctions measures intended to ratchet up the costs on Russia’s economy.