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New Export Restrictions and Controls

Today the U.S. government announced that it would be sanctioning additional Russian entities. The new sanctions come from several different agencies, so this blog post is divided by agency. The blog post also covers some other changes to the export standards.

OFAC

The new sanctions from the Office of Foreign Asset Control (OFAC) include a number of Russian aviation businesses:

This is just a small part of the 22 individuals and 83 entities that were added to the sanctions lists. The new sanctions also include businesses that produce metals and carbon fibers for the aviation industry.

The U.S. Treasury Department called today’s announcement “one of its most significant sanctions actions to date.” The sanctions announcements coincide with the one-year anniversary of the Russian “Special Military Operation” in the Ukraine

BIS

Today, BIS published a new final rule that makes minor modifications to the export rules. Here are some highlights that could affect aviation:

On Monday, BIS is expected to publish an order that adds new entities to the denied entities list. All of the new entities are listed because of their support of the Russian military. They are organized by country, here:

Canada

China

France

Luxembourg

Netherlands

Russia

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