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Russia sanctions

EU Commission and Member States to fight any extraterritorial application of the new US sanctions

What about the extra-territorial application of the sanctions in the “Countering America’s Adversaries Through Sanctions Act” (CAATS) signed by President Trump on 2 August 2017?

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Much Ado About Sanctions in the United States

The Countering America’s Adversaries Through Sanctions Act (the CAATS Act) of August 2, 2017 impacts sanctions related to Russia, Iran and North Korea.  Key among the changes is that it takes discretion out of the hands of the U.S. President to lift or change certain existing sanctions, particularly the sectoral sanctions imposed against Russia. 

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The Rosneft Judgment: CJEU upholds and clarifies Russia sanctions

In a recent judgement of 28 March 2017 (Case-72/15), involving PJSC Rosneft Oil Company (Rosneft), the Court of Justice of the European Union (CJEU) has ruled on the validity of the EU sanctions against Russia and clarified some important issues concerning the scope of these sanctions. The judgement has drawn attention, because the interpretation and scope of the sanctions has…

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The Wait is Almost Over: What Will Happen with US Sanctions under the Incoming Trump Administration

Based on comments made by President-Elect Trump during his campaign, we have some indications about the positions his administration may take regarding certain US sanctions programs. By Susan Kovarovics, 11 November 2016

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While US Continues to Expand Russia Sanctions, EU companies could be affected by the fallout

While there was some discussion in the EU about possible lifting of some or all of the sanctions against Russia earlier this summer, the US Government is continuing to expand its sanctions against Russia that it commenced in March 2014 in response to Russia’s alleged involvement in the Crimean region of Ukraine.   By Megan Gajewski Barnhill, 27 September 2016 The…

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EU renews its economic sanctions against Russia, despite growing opposition

On 1 July 2016, the EU Council renewed the economic sanctions targeting specific sectors of the Russian economy, until 31 January 2017. The so-called “phase 3 sanctions”, which were adopted on 31 July 2014 and due to expire on 31 July 2016, specifically target Russia’s financial sector, by limiting the access to capital markets of its major financial institutions. The…

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