Our clients across every industry are asking us what we expect to happen with the Russia sanctions under the Trump Administration. Will President Trump relax the Russia sanctions, and if so, when? All or only some of them? Or will President Trump ramp up the Russia sanctions to put pressure on Russia to agree to a peace deal with Ukraine? Will Congress get involved, and how? We will be tackling these questions and more in…
As announced in its press release, on 24 February 2025, exactly three years after Russia invaded Ukraine, the EU published its 16th package of sanctions against Russia in the Official Journal. The package entered into force on 25 February 2025. The EU also introduced new measures against Belarus and Crimea and Sevastopol and certain non-Government controlled areas of Ukraine, largely aligning with the Russia sanctions measures. Aside from additional designated person listings, this latest package…
On 24 February 2025, the third anniversary of Russia’s further invasion of Ukraine, the UK Government announced 107 new designations targeting individuals, businesses (including several state-owned entities), government officials and vessels in what it labelled its most extensive set of sanctions against Russia since the start of the invasion. According to the UK Foreign, Commonwealth, and Development Office (“FCDO”) press release, this package is aimed at weakening Russia’s military supply chains, revenues fuelling the war…
The EU Parliamentary Research Service has published an updated briefing on the EU’s sanctions against Russia. The previous briefing had been published in September 2023. The key elements of this update are: