Restrictions Announced Today Coordinated Closely with International Partners and Demonstrate Steadfast Commitment to Ukraine
WASHINGTON, D.C. – Today, the Commerce Department’s Bureau of Industry and Security (BIS) released four rules developed in concert \with international allies and partners in response to Russia’s unjust, illegal war on Ukraine. The rules released today, on the one-year mark of Russia’s further invasion, demonstrate the Biden Administration’s steadfast commitment to supporting the Ukrainian people by continuing efforts to cut off the Russian defense industrial base and military from even low-technology consumer goods Russia seeks to obtain to sustain the war effort. Today’s actions also demonstrate our determination to continue to target third countries supporting Russia’s war, including those in Iran and China, among others.
RULE SUMMARIES AND TEXT
The brief summaries and links to the text of the rules released on the Federal Register’s website are below. The effective date for all of today’s rules is February 24, 2023.
“Implementation of Additional Sanctions Against Russia and Belarus Under the Export Administration Regulations (EAR) and Refinements to Existing Controls”
Rule Summary:
This rule revises the EAR to enhance the existing sanctions against Russia and Belarus by expanding the scope of the Russian and Belarusian industry sector restrictions (oil and gas production; commercial and industrial items; chemical and biological precursors) and the ‘luxury goods’ sanctions to better align them with the controls that have been implemented by U.S. allies and partners imposing substantially similar controls on Russia and Belarus.
This rule also refines other existing controls on Russia and Belarus that were imposed in response to the February 2022 invasion.
This rule will enhance the effectiveness of the multilateral sanctions on Russia by further limiting access to items that enable Russia’s military capabilities and sources of revenue that could support those capabilities.
Rule Text Available here: https://www.federalregister.gov/public-inspection/2023-03927/implementation-of-additional-sanctions-against-russia-and-belarus-under-the-export-administration
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