The European Union Council is considering upholding sanctions placed on 17 Russians for “undermining or threatening” the sovereignty of Ukraine, the council said in a June 7 notice. The sanctions stem from a 2014 decision by the council. The notice contains a new statement of reasons for upholding the sanctions, which may be obtained by the sanctioned individuals before June 14, the notice said.
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The United Kingdom’s Office of Financial Sanctions Implementation published a guidance on restrictions in the Russia sanctions regime in the case of a no-deal Brexit, the OFSI said in a June 6 press release. The four-page guidance would only apply if the U.K. leaves the European Union without a deal. The guidance “expands specifically on financial and investment restrictions,” OFSI said, including assets freezes, preventing access to payment processing and requiring license exceptions for continuing to operate under certain restrictions related to Crimea. The guidance also contains a list of Russian banks and entities in which loans, “credit arrangements,” investments and other financial services would be prohibited.
The United Nations Security Council renewed sanctions against South Sudan for one year, the U.N. said in a May 30 press release. The sanctions keep an arms embargo on South Sudan, restricting member states from selling any arms-related materials to the country and withholding “training, technical and financial assistance related to military activities or materials.”
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The House Foreign Affairs Committee advanced three bipartisan measures calling for sanctions against countries it said are involved in corruption, human rights abuses and trade that harms U.S. national security. The measures, advanced on May 22, called for sanctions on countries in the Northern Triangle, Georgia and Turkey.
The Department of Commerce published its spring 2019 regulatory agenda for the Bureau of Industry and Security. The agenda continues to mention an upcoming a long-awaited proposed rulemaking involving parties’ responsibilities under the Export Administration Regulations in a routed export transaction, saying the proposal will be published in May 2019. Sharron Cook, a senior policy export analyst for BIS, said in April the rule change will help solve some of the bigger frustrations with the current regulations faced by export forwarders (see 1904170064). BIS is aiming to issue the proposal in May, it said.
Secretary of Energy Rick Perry said Congress will soon pass a bill placing sanctions on Nord Stream 2, the Russian gas pipeline to Germany, Reuters reported May 21. The bill would likely place significant restrictions on companies involved in the project. Perry said the bill will appear in the “not too distant future,” according to Reuters. “The United States Senate is going to pass a bill, the House is going to approve it, and it’s going to go to the President and he’s going to sign it, that is going to put sanctions on Nord Stream 2.”
The Treasury’s Office of Foreign Assets Control sanctioned five people and one entity under the Sergei Magnitsky Rule of Law Accountability Act for Russia-related human rights violations, Treasury said in a May 16 notice. The sanctioned people include Russian government investigators and members of the Chechen Republic’s Terek Special Rapid Response Team.
During a House Financial Services subcommittee hearing on U.S. sanctions, several panelists painted a grave picture of the state of U.S.-imposed sanctions on Russia, calling for additional, stronger measures and criticizing the Trump administration's removal of sanctions from several Russian companies in January. “You’ve asked whether the current sanctions policy is effective, especially as it relates to Russia,” Daleep Singh, a senior fellow for the Center for a New American Security, told the Subcommittee on National Security, International Development and Monetary Policy on May 15. “Forgive me for being blunt, but my answer right now is 'no.'”
Ukraine announced a series of economic sanctions against Russia that increased duty rates on a variety of imported goods and implemented an embargo on Russian cement and plywood, according to an unofficial translation of May 15 press releases from the Ukraine government.