JOINT US TREASURY, COMMERCE AND STATE DEPARTMENTS’ ALERT: IMPACT OF SANCTIONS AND EXPORT CONTROLS ON RUSSIA’S MILITARY-INDUSTRIAL COMPLEX

On 14 October, this Joint Alert was issued and it details actions taken in response to Russia’s attack on Ukraine. The strategic intent of our actions is to degrade Russia’s ability to wage its unjust war against Ukraine and prevent Russia from projecting military force beyond its borders.  It warns that, to overcome the impacts on its military supply chain and to illicitly procure foreign technology, Russia is attempting to evade US and partner sanctions and export controls using a range of techniques, including front companies and fraudulent end-user licences.

https://home.treasury.gov/system/files/126/20221014_russia_alert.pdf

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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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