ANNOUNCEMENT 06 Apr 2022

In April 2022, the U.S. Administration issued an Executive Order prohibiting new investment in and export of certain services to Russia due to its attack on Ukraine.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 1 neutral
  • 0 liberalising

SOURCE

U.S. White House, Briefing Room, Executive Order, “Prohibiting New Investment in and Certain Services to the Russian Federation in Response to Continued Russian Federation Aggression.” Available at: https://www.whitehouse.gov/briefing-room/presidential-actions/2022/04/06/prohibiting-new-investment-in-and-certain-services-to-the-russian-federation-in-response-to-continued-russian-federation-aggression/

Inception date: 06 Apr 2022 | Removal date: open ended

Controls on commercial transactions and investment instruments

On 6 April 2022, the U.S. Administration issued an Executive Order taking additional steps against Russia due to its attack on Ukraine. Specifically, the U.S. Administration prohibited new investments in Russia by U.S. persons. Furthermore, any facilitation by a U.S. person of an investment by a foreign person in Russia is also prohibited.

The Executive Order also introduced export restrictions against Russia. For details, please see related intervention.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
Inception date: No inception date

Export ban

On 6 April 2022, the U.S. Administration issued an Executive Order introducing new sanctions against Russia due to its attack on Ukraine. Specifically, the U.S. Administration prohibited the exportation, sale or supply of certain services from the United States to Russia. The category of services will be determined by the Secretary of the Treasury.

The Executive Order also introduced an investment-related restriction against Russia. For details, please see related intervention.

 
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