Trade sanctionsconsist of import and export embargoes, applied to an entire country or specific sections of that country’s economy. Prohibitions on trading arms or dual-use goods are a particularly common type of US trade sanction. Economic sanctionsinclude ‘blocking’ sanctions, or asset freezes...
BIS’s latest action on December 23 now provides a certain measure of clarity with respect to some PRC and Russian companies and institutes that BIS has declared meet the BIS definition of an MEU. In creating the MEU List, BIS noted that it had received over 80 requests for cla...
she expressed confidence in India’s ability to meet the alternate energy needs and said, “Alternative clean energy is India’s future, and it would not burden the country, but instead, it can reduce costs and generate more income for the communities. Today...
particularly with the then-President of Ukraine. The tapes were heavily edited, but came as part of a years-long campaign that Derkach had waged in which he accused Biden and the Democrats of “international corruption.”
The US has realigned its sanctions against Iran’s officials, adding some to the blacklist but removing others. Just before this weekend’s sixth round of talks in Vienna over the 2015 nuclear deal, the State and Treasury Departments said they were sanctioning 12 Iranian individuals, entities,...
Rule 6.22: 'The member shall in no circumstances be entitled to recover from the club that part of any liabilities which is not recovered by the club from [pooling agreement partners or reinsurers] … by reason of any sanction, prohibition or adverse action against them by a state or intern...
China will take the necessary measures to resolutely safeguard its legitimate rights and interests, the spokesperson said. On September 19, the US Treasury Department said it would sanction seven individuals and four entities from Iran, Rus...
World Chess Federation president, Kirsan Ilyumzhinov of Russia, was included on the US sanction list concerning Syria on Wednesday, alongside three other individuals and six companies from Russia, Syria and Cyprus.
The UK's sanction list also includes Patriarch Kirill, the head of the Russian Orthodox Church, for his support and endorsement of Putin’s war. Several members of Putin's political elite, along with four Military Colonels from a unit known to have killed, raped and tortured civilians in th...
General principles US sanctions may be primary or secondary In general, primary sanctions, such as asset freezes and trade embargoes, prohibit transactions by persons in the sanctioning country with sanctioned countries or persons. The US primary sanctions generally apply to (1) all entities ...