On 19 March 2019, the President of Ukraine enacted the decision of the Ukrainian National Security and Defense Council (“NSDC”)[1] imposing new and extending existing sanctions against 294 legal entities and 848 individuals. Extensive sanctions restrictions, including assets freeze, preventing the withdrawal of capital outside of Ukraine and restricting trade operations, were imposed against Russian and foreign companies and individuals that: were involved in the construction of the Kerch Strait Bridge, including Stroigasmontazh LLC, PJSC…
The UK Foreign Affairs Committee has launched the “Global Britain: the future of UK sanctions policy inquiry” and is accepting written submissions up to the deadline of 14 December 2018. The inquiry is intended to explore and evaluate different options for the UK’s approach to sanctions policy after Brexit. The inquiry therefore invites submissions on: The effectiveness of sanctions as an instrument of foreign policy, including examples of both successful and unsuccessful use of sanctions to…
The European Commission has started the process by which it would add US sanctions measures on Iran to the so-called Blocking Regulation (formerly Regulation 2271/96). This is in direct response to the US President’s withdrawal of his waiver relating to the JCPOA. The effect of the withdrawal was to reintroduce US sanctions that were in force prior to the JCPOA. US sanctions on Iran not only impact US companies and persons, but can, in certain…
HR/VP Federica Mogherini met with the Foreign Ministers of France (Jean-Yves Le Drian), Germany (Heiko Maas), the United Kingdom (Boris Johnson) and of the Islamic Republic of Iran (Mohammad Javad Zarif) on 15 May 2018, in two separate meetings, to discuss our common lines and the work ahead of us, following the announcement made by the United States of its withdrawal from the Joint Comprehensive Plan of Action (JCPOA), the Iran nuclear deal. They recalled their commitment…