U.S. final rule implementing additional sanctions against Russia and Belarus

Additional sanctions under the Export Administration Regulations (EAR)

Additional sanctions under the Export Administration Regulations (EAR)

The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce today released for publication in the Federal Register a final rule implementing additional sanctions under the Export Administration Regulations (EAR) against Russia and Belarus.

The final rule [PDF 530 KB] (106 pages):

  • Expands the scope of the EAR’s Russian and Belarusian industry sector sanctions
  • Expands the foreign direct product rule that currently applies to Russia and Belarus to apply to the temporarily occupied Crimea region of Ukraine as well
  • Revises recent restrictions targeting Iran’s supply of unmanned aerial vehicles to Russia
  • Refines existing export controls on Russia and Belarus

The final rule is effective today, May 19, 2023.

Further Treausury guidance

The U.S. Treasury Department also today announced further guidance strengthening the global sanctions and other restrictive economic measures against Russia.

Read the Treasury release

 

For more information, contact a professional with KPMG’s Trade & Customs services:

Doug Zuvich
Partner and Global Practice Leader
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
E: asiciliano@kpmg.com

Steve Brotherton
Principal and Global Export and Sanctions Leader
E: sbrotherton@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
E: labad@kpmg.com

Irina Vaysfeld
Principal
E: ivaysfeld@kpmg.com

Amie Ahanchian
Principal
E: aahanchian@kpmg.com

Christopher Young
Principal
E: christopheryoung@kpmg.com

Gisele Belotto
Principal
E: gbelotto@kpmg.com

George Zaharatos
Principal
E: gzaharatos@kpmg.com

Andy Doornaert
Managing Director
E: adoornaert@kpmg.com

Jessica Libby
Principal
E: jlibby@kpmg.com
John Anderson
Managing Director
E: johneanderson@kpmg.com
Jenna Leigh Glass
Managing Director
E: jennaleighglass@kpmg.com

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