The Russian invasion of Ukraine has resulted in numerous sanctions against Russia, including tightened export controls. One of these measures – the foreign direct product (FDP) rule -.
Key Points - As part of highly coordinated U.S. government and allied and partner country responses to Russia’s further invasion of Ukraine, and Belarus’ enabling of it,.
In response to Russia's further invasion of Ukraine, and Belarus' enabling of it, the Commerce Department's Bureau of Industry and Security (BIS) has amended the Export Administration Regulations.
the Department of Commerce Bureau of Industry and Security unveiled extensive new export control regulations on Russia and Russian-aligned regions of Ukraine as part of the Biden Administration’s economic sanctions package in response to the Russia-Ukraine conflict.