Global Trade Alert
Global Trade Alert

United States of America: Department of Treasury imposes sanctions on Guatemalan subsidiaries of a Russian enterprise

Announcement

18 Nov 2022

In November 2022, the Office of Foreign Assets Control (OFAC) of the US Treasury announced sanctions on several Guatemalan entities that are subsidiaries of a Russian enterprise due to their role in exploiting the Guatemalan mining sector.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Nov 2022

Revocation date:

No revocation date

Updated: 18 Nov 2022
Controls on commercial transactions and investment instruments In force

On 18 November 2022, the U.S. Department of Treasury imposed sanctions on three Guatemalan entities that are subsidiaries of a Russian enterprise, Solway Investment Group. Specifically, these subsi...

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