Serhat Gencoglu News Today

The State Department revealed on April 5 that previously announced US sanctions on Turkey’s military-industrial sector would come into effect on April 7 with the publication of a US Federal Register notice.     US sanctions under the CAATSA law, or the “Countering America’s Adversaries Through Sanctions Act” (Public Law 115-44), were initially announced by former Secretary of State Mike Pompeo on December 14, in response to Turkey’s purchase of the S-400 surfac...

U.S. State Dept Notifies CAATSA Sanctions against Turkey Our Bureau 635 S-400 air defence System The U.S. State Department has notified Countering America’s Adversaries Through Sanctions Act of 2017 (CAATSA) sanctions against Turkey’s Presidency of Defense Industries (SSB) and its senior leadership for Ankara’s purchase of Russian S-400 air defence systems. The Secretary of State has determined that the Turkish entity, SSB has knowingly, on or after August 2, 2017, engaged in a signific...

To improve the performance of our website, show the most relevant news products and targeted advertising, we collect technical impersonal information about you, including through the tools of our partners. You can find a detailed description of how we use your data in our Privacy Policy. For a detailed description of the technologies, please see the Cookie and Automatic Logging Policy. By clicking on the "Accept & Close" button, you provide your explicit consent to the processing of your data t...

To embed, copy and paste the code into your website or blog: Recent sanctions imposed by the European Union, United Kingdom, and the United States on Turkey and certain Turkish persons will be of interest to European and American investors in Turkey’s defense and energy sectors. The following update contains a summary of each regime. EU SANCTIONS Since 2019 there have been ongoing tensions between the Cyprus and Turkey as a result of drilling activities conducted by Turkey in the Eastern Medi...

State Secretary Michael Pompeo said the sanctions on Turkey's SSB demonstrates the US will not tolerate significant transactions with Russia's defence sector.

Key Points On December 14, 2020, in response to Turkey’s procurement of the S-400 surface-to-air missile system from Russia in 2019, the Trump administration imposed new sanctions on the Turkish Presidency of Defense Industries (SSB) and four of its officers pursuant to the CAATSA sanctions provisions enacted by Congress against Russia in 2017. This follows Congressional approval of the NDAA for Fiscal Year 2021 by a veto-proof majority on December 11, 2020, which includes specific provisions...

To print this article, all you need is to be registered or login on Mondaq.com. On December 14, 2020, the United States  imposed sanctions on the Republic of Turkeys Presidency of Defense Industries ("SSB"), the countrys defense procurement agency, and four senior officials at the agency, for knowingly engaging in a "significant transaction" with Rosoboronexport ("ROE"), Russias main arms export entity, in procuring the S-400 surface-to-air missile system. These measur...

On December 14, 2020, the United States ( US) imposed sanctions on Turkey pursuant to Countering America’s Adversaries Through Sanctions Act ( CAATSA) for “knowingly engaging in a significant transaction with Rosoboronexport ( ROE), Russia’s main arms export entity, by procuring the S-400 surface-to-air missile system.” Background  In July 2019, Turkey closed the purchase deal with Russia.   On October 14, 2019, in response to Turkey’s military offensive into northeast Syria the Of...

Will not acknowledge unilateral sanctions against Turkey: Russia ANI | Updated: Dec 21, 2020 16:26 IST New Delhi [India], December 21 (ANI): Ahead of the US Sanctions on Turkey over purchasing of missiles from Moscow, citing threat to Washington, Russian Ambassador to India Nikolay R Kudashev on Monday condemned the decision saying unilateral sanctions are unwelcome. Kudashev said that no sanctions are acknowledged other than those by the United Nations Sec...

To embed, copy and paste the code into your website or blog: The U.S. Department of State (“State Department”) announced the imposition of sanctions on Turkey’s Presidency of Defense Industries (“SSB”) pursuant to Section 231 of the Countering America’s Adversaries Through Sanctions Act (“CAATSA”). The U.S. is sanctioning SSB over its procurement of the S-400 surface-to-air missile system from Russia’s Rosoboronexport (“ROE”). SSB is Turkey’s primary defense procurement ...