New US Russia designations

The USA has added 38 people and entities to its sanctions on Russia linked to Russia’s activities in Ukraine, and identified 20 subsidiaries that are owned 50% or more by desiganated AK Transneft OAO.  Among the new designations are several officials of the “Republic of Crimea” and “Luhansk People’s Republic”, entities said to have been operating in Crimea, and a number of businesses owned or controlled by Yevgeniy Prigozhin, who has been linked to Russian mercenaries fighting in Syria and Russian “troll factories”.

In the US Treasury press release, Treasury Secretary Steven Mnuchin said that the sanctions are designed to “maintain pressure on Russia to work towards a diplomatic solution” for the Ukraine crisis, and said that “there should be no sanctions relief until Russia meets its obligations under the Minsk agreements”. The new listings are here.

This entry was posted in Russia, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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