Keeping pace with the multinational sanctions targeting Russia remains a difficult task for lawyers and businesses, even some two months after its invasion of Ukraine, lawyers at Crowell & Moring said during an April 21 webinar hosted by the firm.
Aviastar, the Russian cargo airline made subject to a temporary denial order last week (see 2204210043), continued to illegally fly multiple U.S.-origin aircraft after the U.S. in March announced restrictions on those flights (see 2203020072), including to China, the Bureau of Industry and Security said in its April 21 order. Flights included trips from the Russian cities of Novosibirsk and Abakan to the Chinese cities of Hangzhou, Shenzhen and Zhengzhou. All the trips, which took place April 5 to April 12, required approved license applications.
The EU is aiming for a sixth sanctions package next month, European Commission Executive Vice President Valdis Dombrovskis told reporters in Washington, but there is still not unanimity among the 27 countries on how to treat Russian oil and on what to do about Sberbank.
The U.K. House of Commons released a research briefing April 20 that highlights British sanctions against Russia since 2014 and the current waves of restrictions relating to Russia's invasion of Ukraine. The report also discusses the role of secondary sanctions, efforts to crack down on loopholes aimed at circumventing sanctions and work on coordinating the measures with allies.
The Office of Foreign Assets Control is seeking comments on an information collection related to the agency’s Application for the Release of Blocked Funds. The application, which is available electronically on OFAC’s website, “provides a standardized method of application” for industry and eliminates the “need for applicants to write lengthy letters to OFAC,” the agency said. Comments are due June 21.
The Office of Foreign Assets Control is seeking public comments on an information collection related to the provision of travel and courier services to Cuba. Comments are due June 21.
The U.N. Security Council on April 18 removed three entries from its sanctions list. The council delisted Maki Mustafa Hamudat, Asil Sami Mohammad Madhi Tabrah and Rasheed Bank, all of whom were listed with Iraqi addresses. The U.K. also delisted the three people this week (see 2204190005).
The U.K. announced even more import sanctions on Russia following its invasion of Ukraine, adding to the list of goods facing higher tariffs or outright bans, the Department for International Trade announced. The new restrictions include bans on silver, wood products and on high-end Russian products, including caviar, the DIT said. Tariffs will also be upped by 35% on nearly $169 million worth of goods from Russia and Belarus, including diamonds and rubber.
The U.K.'s Office of Financial Sanctions Implementation added 26 entries to its Russia sanctions regime and amended another 30 in yet another sanctions move against Russia following its invasion of Ukraine. The listed individuals include military officials, businessmen and relatives of listed individuals, such as Oleg Belozyorov, chief executive of Russian Railways; Nikolay Bodanovsky, a Russian army officer; Igor Korotchenko, chairman of the Russian Defense Ministry Public Council; and Boris Obnosov, executive at Tactical Missiles Corp.
Although the EU-U.S. Trade and Technology Council is helping to foster important cooperation, it may be unintentionally leaving out other vital trade partners on a range of key issues, including export controls, said Mary Lovely, a senior fellow with the Peterson Institute for International Economics. She said the TTC may be emphasizing the U.S.-EU relationship too much when the two sides should be doing more to convince other countries to adopt similar sanctions and export restrictions against Russia.