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Global Trade Alert

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United States of America: Department of Commerce restricts the export of luxury goods to Russia and Belarus

Description

On 11 March 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced imposing restrictions on luxury goods destined for Russia and Belarus. The restrictions are imposed ...

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Intervention Details

Intervention Type

Export licensing requirement

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

11 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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