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The United States, as a member of the Export Enforcement Five ("E5") group, has been working to strengthen its sanctions and export controls program as it relates to Russia's war in Ukraine.
On year since Russian invasion of Ukraine, President Biden, Office of Foreign Assets Control OFAC, Department of State, Department of Commerce, Bureau of Industry and Security BIS have imposed new sanctions, export controls, tariffs, duties relating to Russia, Belarus, Iran
In our February 25 alert, we discussed the U.S. implementation of significant sanctions and export controls on Russia which will severely impact business transactions with Russian...