Global Trade Alert
Global Trade Alert

United States of America: US removes sanctions on the former European subsidiary of Russia's VTB Bank

Announcement

02 Apr 2024

In April 2024, the US removed sanctions on the former European subsidiary of Russia's VTB Bank.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

02 Apr 2024

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 2 April 2024, the U.S. Department of Treasury removed the former European subsidiary of the Russian VTB Bank from the sanctions list. As a result of this decision, the US lifted the restrictions on...

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