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Global Trade Alert

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United States of America: U.S. imposes retroactive sanctions on two Russian entities over Nord Stream 2 project

Description

On 4 May 2022, the U.S. Department of State imposed sanctions on two Russian entities pursuant to the Protecting Europe's Energy Security Act (PEESA) over Nord Stream 2 pipeline project. Specifically,...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

20 Aug 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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