The President of Russia has signed today an executive order imposing a one year import ban on certain agricultural products, agricultural raw materials and food products originating from the countries that have introduced sanctions against Russian natural and legal persons, as well as from those countries that acceded to such sanctions. The list of products subject to the ban as well as the list of relevant executive measures is yet to be adopted by the…
In retaliation for the latest round of US sanctions against Russian entities in connection with activities related to Ukraine, on 19 July 2014, the Russian Ministry of Foreign Affairs announced that it had placed 12 Americans on its sanctions list pursuant to Federal Law № 272-FZ. The list of names contains an Admiral and a Federal Judge who were involved in ending the hunger strike by prisoners at Guantanamo Bay. The other ten are identified as military…
In retaliation for sanctions imposed by Canada last week, Russia announced on Monday that 13 Canadian officials are now barred from entering Russia. The list includes a range of lawmakers and cabinet members as well as the House of Commons Speaker, the government leader of the house, and the head of the Ukrainian-Canadian Congress. While Russia has stated that it remains open to ‘constructive’ co-operation with Canada, Prime Minister Stephen Harper’s visit to Ukraine over…
Further to our earlier posts, we have now issued a client alert providing more details on the measures adopted by the EU and US in response to the annexation of Crimea to the Russian Federation. By way of a reminder: the new designations cover predominantly Russian politicians and government officials, but for the first time in respect of the Ukrainian crisis, the US has designated an entity, namely a bank. Further, several of the targeted individuals have significant…