Tag: Region Asias

Russia’s decision on 21 February 2022 to recognise the Donetsk and Luhansk regions of eastern Ukraine (the Covered Regions) as independent states, has prompted the US, UK, and, potentially, the EU to respond with the imposition of a first tranche of financial and trade sanctions. In this post, we consider the measures that have been imposed. US The US has imposed sanctions concerning the Covered Regions through an Executive Order issued on 21 February (the “EO”). The EO expands the…

The US, UK and EU have threatened to impose a range of measures to deter Russian activities in or against Ukraine. The scope and severity of such measures will likely give rise to serious compliance challenges for companies with Russian counterparties or who do business in Russia. In this post, we consider the types of measures which could be imposed by the US and their potential impact. Current Status of US Legislation The two houses of US Congress are nearing…

As part of its response to the current situation in Ukraine, the UK Government has recently enacted sanctions legislation which introduces additional grounds for designations of individuals and entities under the existing UK-Russia sanctions regime. However, no new designations have been made under these grounds. In this post, we consider the implications and potential impact of these changes. What Amendments Have Been Made? Prior to the recent amendments, the UK-Russia sanctions regime (contained in The Russia (Sanctions) (EU Exit) Regulations…

In recent days there has been increasing rhetoric around the imposition of sanctions in response to the activities of Russia on the border with Ukraine. By way of example, on 31 January 2022, the UK Government announced new legislation to permit the Government to sanction individuals ‘due to their significance to the Kremlin.’ This is a broadening of existing powers ‘enabling the UK to more readily designate a greater number of individuals and businesses associated with the Kremlin.’ It is…

The world is seeing rapid changes to sanctions laws in response to Russia’s invasion of Ukraine. Australia is moving in lockstep with other countries imposing targeted financial sanctions and travel bans on Russian business and key individuals involved. This update summarises the Australian sanctions announced in response to the Russian invasion of Ukraine. It is critical that businesses in Australia who have exposure to Russian trade or investment ensure that their sanctions compliance framework is up to date and they…

https://www.clydeco.com/en/insights/2022/2/singapore-ministry-of-foreign-affairs-announces-sa

The UK has implemented new sanctions restricting entry into British ports and enabling the detention of certain Russian linked vessels. The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2022, which amend the Russia (Sanctions) (EU Exit) Regulations 2019 (the Regulations) prevent certain vessels from entering British ports as well as authorising the Secretary of State for Transport to give directions to harbour authorities to restrict the movement of vessels (directing them to proceed to certain areas of a port or…

The US, EU, UK, Canada and Australia have continued to enact additional sanctions packages in response to Russia’s invasion of Ukraine. In this post, we outline some of the measures imposed since our last update. Our previous updates on sanctions imposed on Russia in relation to its activities in Ukraine can be found here, here, here, here and here. US On 25 February 2022, the US imposed sanctions on Russian President Vladimir Putin, Russian Foreign Minister Sergey Lavrov, Russian Minister of Defense Sergei Shoigu…

WASHINGTON, Sept 14 (Reuters) – The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine. The designations, first reported by Reuters, target shipping and trade companies accused of helping repair sanctioned vessels tied to Russia’s defense ministry and helping the transfer of “dual-use goods.” It is part of a bigger package of measures hitting Russia with sanctions on more than 150…

The attacks on the Russian submarine Rostov-on-Don and the landing ship Minsk on the night of 13 September were carried out by the Special Operations Forces of the Armed Forces of Ukraine. Source: Press service of the Special Operations Forces Details: Special forces officers revealed certain details of the operation. The officers received information from several sources about the likely location of the Minsk large landing ship and the Rostov-on-Don diesel-electric submarine at one of the ship repair enterprises in…

Afghanistan is a geographically diverse country, home to the beautiful blue city of Mazar-i-Sharif, wild slopes of the Hindu Kush mountains, and the Hazarchishma Natural Bridge, among other attractions. A good place to vacation with family? One verified — albeit parody — Twitter account labeling itself as the PR team for the Taliban thinks so. “Visit the magnificent nation of #Afghanistan, the real land of the free and the home of the brave, unlike the Americans,” tweeted Taliban Public Relations…

The first images since the confirmation of the death of Yevgeny Prigozhin show that a suspected tent camp thought to be occupied by troops from Russia’s Wagner mercenary group near the Belarusian village of Tsel, has been further dismantled. The images, taken by Planet Labs on September 9 and obtained by RFE/RL, show that since late August, 60 more tents with the capacity to house more than 1,000 personnel had been dismantled. That means that since early August, of 273…

BEIJING, SANA-China’s Ministry of National Defense on Thursday urged the United States to stop all forms of military ties with Taiwan, Xinhua news Agency said. Spokesperson Tan Kefei made the remarks when commenting on information about Taiwan’s recent military interaction with the United States, including a reported plan to buy mine-laying systems from the United States. “We firmly oppose the United States conducting any form of official contact with China’s Taiwan region and selling weapons to the island,” Tan said….

Antony J. Blinken, Secretary of State
The Departments of State and the Treasury are imposing further sanctions on over 150 individuals and entities in connection with Russia’s unlawful invasion of Ukraine.  As part of today’s action, the U.S. government is targeting individuals and entities engaged in sanctions evasion and circumvention, those complicit in furthering Russia’s ability to wage its war against Ukraine, and those responsible for bolstering Russia’s future energy production.
The Department of State is imposing sanctions on over 70 entities and individuals involved in expanding Russia’s energy production and export capacity, operating in Russia’s metals and mining sectors, and aiding Russian individuals and entities in evading international sanctions. The Department of State is also designating one Russian Intelligence Services officer and one Georgian-Russian oligarch whom the FSB has leveraged to influence Georgian society and politics for the benefit of Russia.  Additionally, the Department is designating numerous entities producing and repairing Russian weapon systems, including the Kalibr cruise missile used by Russian forces against cities and civilian infrastructure in Ukraine, and an individual affiliated with the Wagner Group involved in the shipment of munitions from the Democratic People’s Republic of Korea to the Russian Federation.
Concurrently, the Department of the Treasury is imposing nearly one hundred sanctions on Russia’s elites and its industrial base, financial institutions, and technology suppliers, including one official of the Wagner Group for advancing Russia’s malign activities in the Central African Republic.  This action comes after the Wagner Group helped ensure the passage of a July 30 constitutional referendum that undercut the country’s democracy.
The United States and its allies and partners are united in supporting Ukraine in the face of Russia’s unprovoked, unjustified, and illegal war.  We will stand with Ukraine for as long as it takes.
All targets are being designated pursuant to Executive Order 14024, which authorizes sanctions with respect to specified harmful foreign activities of the Government of the Russian Federation.  For more information on today’s actions, please see the Department of State’s fact sheet and the Department of the Treasury’s press release.

JERUSALEM — Elbit Systems will supply the Swedish BAE Systems Hägglunds with its Iron Fist Active Protection System for CV90s in a deal worth $109 million, the Israeli firm announced Tuesday. Elbit noted the systems are intended for a European country, but declined to identify it. Based on previous publications by BAE, it is likely the client is Slovakia. BAE Systems announced in December it has been awarded a $1.37 billion contract by Slovakia to manufacture 152 CV90 infantry fighting…