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Turkey: U.S. and EU Sanctions Developments | Akin Gump Strauss Hauer & Feld LLP - Vimarsana News

Turkey: U.S. and EU Sanctions Developments | Akin Gump Strauss Hauer & Feld LLP

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 compel the imposition of the new sanctions measures. The European Union separately has also rece...

Trump Administration Sanctions Turkey's Military Procurement Agency For 2017 Purchase Of Russian Missile System - International Law - Vimarsana News

Trump Administration Sanctions Turkey's Military Procurement Agency For 2017 Purchase Of Russian Missile System - International Law

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 Turkey's Presidency of Defense Industries ("SSB"), the country's defense procurement agency, and four senior officials at the agency, for knowingly engaging in a "significant transaction" with Rosoboronexport ("ROE"), Russia's main arms export entity, in procuring the S-400 surface-to-air missile system. These measures were a long-time coming—under  Section 231 of the Countering America's Adversaries Throug...

Source: mondaq.com
US issues sanctions against Turkey for purchase of Russian S-400 missile system | Eversheds Sutherland (US) LLP - Vimarsana News

US issues sanctions against Turkey for purchase of Russian S-400 missile system | Eversheds Sutherland (US) LLP

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 Office of Foreign Assets Control ( OFAC) of the US Department of the Treasury designated two ministrie...

Will not acknowledge unilateral sanctions against Turkey: Russia - Vimarsana News

Will not acknowledge unilateral sanctions against Turkey: Russia

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 Security Council. "We don't welcome unilateral sanctions as a tool for international relations. As far ...

Source: aninews.in
U.S. Sanctions Turkey's Defense Procurement Entity Over Its Purchase Of Russian Missile System | Husch Blackwell LLP - Vimarsana News

U.S. Sanctions Turkey's Defense Procurement Entity Over Its Purchase Of Russian Missile System | Husch Blackwell LLP

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 entity and ROE is Russia’s main exporter of arms. As a result of Turkey’s actions, the U.S. is i...