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Expanded Restrictions on Exports to Russia Include Addition of 11 Parties to Entity List

Monday, July 21, 2014
Sandler, Travis & Rosenberg Trade Report

As part of an expanded set of economic sanctions against Russia, the Bureau of Industry and Security is adding 11 parties to its Entity List based on a determination they are involved, or pose a significant risk of becoming involved, in activities contrary to U.S. national security and foreign policy interests. The parties being added include eight persons in Russia, three persons in Ukraine and one person in Crimea (occupied).

There will be a license requirement for all items subject to the Export Administration Regulations to the designated entities and a license review policy of presumption of denial. This requirement will apply to any transaction in which items are to be exported, reexported or transferred (in-country) to any of these entities or in which they act as purchaser, intermediate consignee, ultimate consignee or end-user. In addition, no license exceptions are available for exports, reexports or transfers (in-country) to these entities.

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