Global Trade Alert
Global Trade Alert

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

Announcement

11 Mar 2022

In March 2022, the U.S. Department of Commerce announced the introduction of restrictions on the export of luxury goods to Russia and Belarus as well as to Russian and Belarusian oligarchs and malign actors in response to the invasion of Ukraine.  

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

11 Mar 2022

Revocation date:

No revocation date

Export licensing requirement In force

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 ...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.