Global Trade Alert
Global Trade Alert

United States of America: Department of Treasury announces sanctions to degrade Russia’s military-industrial base

Announcement

01 May 2024

In May 2024, the Treasury Department announced sanctions to degrade Russia’s military-industrial base and target third-country suppliers.

Source

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Number of interventions

7

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 May 2024

Revocation date:

No revocation date

Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on two entities from Belgium and Slovakia entities that are said to have evaded US sanctions on Russia. As a result of this decisi...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on three United Arab Emirates (UAE)-based entities that are said to have evaded US sanctions on Russia. As a result of this decisi...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on an Azerbaijan-based entity that is said to have facilitated the procurement of goods on behalf of Russian end-users related to ...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on eight Hong Kong-based entities that are said to have evaded US sanctions on Russia. As a result of this decision, these entitie...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on six Turkish entities in response to their alleged support to Russia’s military-industrial base. As a result of this decision, t...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on eight Chinese entities in response to their alleged support to Russia’s military-industrial base. As a result of this decision,...

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Updated: 01 May 2024
Controls on commercial transactions and investment instruments In force

On 1 May 2024, the U.S. Department of Treasury announced sanctions on 150 Russian entities to degrade Russia’s ability to sustain its military operations in Ukraine. As a result of this decision, t...

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