In response to the Russian invasion of Ukraine, the United States, European, and allied governments around the globe are imposing an array of financial and technology export-based sanctions, targeting broad sectors .
In response to the Russian Federation’s invasion of Ukraine, the Bureau of Industry and Security has issued two final rules. The first rule, “Implementation of Sanctions Against Russia Under the Export Administration Regulations (EAR),” (Russia Sanctions rule) which became effective on February 24, 2022, implements new Russia license requirements and licensing policies to protect U.S.
The United States government, in partnership with allies and partners, issued new and expanded sanctions and trade controls in response to Russia's continued invasion into Ukraine.
On February 24, 2022, in response to Russia's invasion of Ukraine, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a final rule.
On February 24, 2022, President Biden announced a new tranche of sweeping sanctions against Russia in response to its invasion into Ukraine with both the Treasury Department and the Commerce Department taking action to implement these measures.