U S Institutes Arms Embargo And Additional Sanctions Against Russia - International Law mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
US arms embargo on Russia presents new commercial compliance issues
March 10, 2021
On March 2, 2021, the Department of State announced that it would add Russia to the list of countries subject to a policy of denial for exports of defense articles and defense services under Section 126.1 of the International Traffic in Arms Regulations ( ITAR ),
1 effectively imposing an arms embargo on Russia, with certain exceptions for space-related activities. This move was part of a multi‑agency undertaking to respond to the alleged poisoning and Russia s subsequent incarceration of Russian opposition leader, Alexey Navalny. As part of the coordinated effort, the Department of the Treasury s Office of Foreign Assets Control ( OFAC ) also imposed targeted sanctions against seven Russian government officials,
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On 2 March 2021, the United States and European Union ( EU ) imposed coordinated sanctions in response to the poisoning and imprisonment of Russian opposition politician Aleksey Navalny (and the related US determination that Russia has used chemical weapons). The US Treasury Department s Office of Foreign Assets Control ( OFAC ) designated seven Russian government officials, confirming that its action complemented the EU s designations of four Russian officials on the same day. The US State Department imposed a variety of financial sanctions and export restrictions on Russia, while the US Department of Commerce announced that it is adding 14 entities to the Entity List.