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Abstract: 

In response to Russia’s invasion of Ukraine, the U.S., with allies, has implemented a number of severe and successive financial and trade sanctions against Russia. In this article, the authors begin with a brief history of the U.S.’s sanctions and export controls on Russia. They then turn to a summary of major U.S. sanctions and export control actions taken in response to Russia’s invasion. They conclude with an assessment of possible future Russia-related sanctions and export control actions.

Keywords: Executive Orders (“E.O.”) 13660, 14024, 14066; Office of Foreign Assets Control (“OFAC”); Department of Commerce Bureau of Industry and Security (“BIS”)

Affiliations:  1: Hughes Hubbard & Reed; 2: Hughes Hubbard & Reed; 3: Hughes Hubbard & Reed.