PRESIDENT BIDEN SIGNS BILLS TO SUSPEND PERMANENT NORMAL TRADE RELATIONS WITH RUSSIA, CODIFY IMPORT BAN ON RUSSIAN OIL, AND REAUTHORISE MAGNITSKY SANCTIONS LAW

On 11 April, an article from White & Case is concerned with 2 Bills approved by the US Congress – the Suspending Normal Trade Relations with Russia and Belarus Act and the Ending Importation of Russian Oil Act.  Consequences include the extension indefinitely of the President’s existing sanctions authority under the Global Magnitsky Human Rights Accountability Act to impose sanctions on individuals responsible for human rights abuses.

https://www.whitecase.com/publications/alert/president-biden-signs-bills-suspend-permanent-normal-trade-relations-russia

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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