The European Commission this week announced two new proposals to harmonize how member states penalize sanctions violations and to modernize the EU’s recovery rules for sanctioned assets. The measures will help the EU better target and punish sanctions evaders, said Vera Jourova, the commission’s vice president for values and transparency. “The violation of EU sanctions is a serious crime and must come with serious consequences,” Jourova said. “We need EU-wide rules to establish that.”
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Bureau of Industry and Security Undersecretary Alan Estevez said his top long-term priority is building a new multilateral export control regime, and he urged industry to continue considering diversifying away from China and Russia. He also said BIS is working hard to control emerging and foundational technologies and welcomes more input from industry, academia and think tanks.
China’s Foreign Ministry this week criticized the U.S. Indo-Pacific strategy, saying it “will only undermine regional peace and stability and is doomed to fail.” During a May 24 news conference, a ministry spokesperson said the U.S. “concocted” the strategy, which will soon lead to the start of negotiations with several other countries on a new Indo-Pacific Economic Framework (see 2205230003), and “created political and military confrontation by ganging up with some countries.” China’s Ministry of Commerce said the framework “should be open and inclusive rather than discriminatory and exclusive,” according to an unofficial translation of a May 24 statement.
The U.K.’s Office of Financial Sanctions Implementation issued a new general license authorizing certain activities, including purchases of tickets for flights or “rail journeys” originating in Russia. The license, issued May 23, authorizes those activities with sanctioned Russian entities PJSC Aeroflot, JSC Rossiya Airlines, JSC Ural Airlines, Russian Railways or any of their subsidiaries.
Canada last week imposed another set of sanctions against Russia for its war in Ukraine, designating 14 people and banning exports and imports of “targeted” luxury goods to and from Russia. The designations apply to Russian oligarchs, their family members and “close associates” of the Vladimir Putin regime. The trade restrictions apply to exports of alcohol, tobacco, certain textile products, luxury clothing, jewelry, art and accessories, and imports of alcohol, seafood and nonindustrial diamonds.
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The U.S. and other techno-democracies should capitalize on their closely coordinated Russia sanctions work to create a new multilateral export control group, said two experts with Georgetown University’s Center for Security and Emerging Technology. A new regime, which would include a range of technology-producing nations that share democratic values, would help those countries address technology proliferation issues that existing regimes can not.
The Faroe Islands implemented a Russia sanctions framework May 17 after its parliament authorized the government May 6 to implement sanctions on Russia and Belarus in response to their invasion of Ukraine. The Faroe Islands' sanctions will largely follow those of the EU and other nations that have partnered with the EU in imposing the restrictions, the notice said, according to an unofficial translation. However, the legislation don't impose any export bans on fish products or measures that may harm fisheries agreements with other nations. Also, port closures in the Faroe Islands don't apply to Russian fishing vessels.
The U.K. amended four entries under its Russia sanctions regime. In a May 20 notice, the Office of Financial Sanctions Implementation updated the entries for Olga Petrovna Gryaznova, Yuri Nikolayevich Shamalov, Lyudmila Aleksandrovna Ocheretnaya and Marina Vladimirovna Magdalina, still subjecting them to an asset freeze. The updates corrected details on the sanctions listings such as the spellings of names and dates of birth.
Russia announced new sanctions against U.S. citizens, including two Treasury Department officials and two former Bureau of Industry and Security officials, according to an unofficial translation of a May 21 notice. Russia designated Deputy Treasury Secretary Wally Adeyemo, who has overseen some of the agency’s sanctions work, and Andrea Gacki, the director of the Office of Foreign Assets Control.