It’s possible that the Trump administration offers Russia some “symbolic” sanctions relief as part of peace negotiations with Ukraine, but the broader lifting of sanctions on Russia’s oil sector is more unlikely, a former U.S. sanctions official said this week.
The EU General Court last week rejected Russian oligarch Alexander Ponomarenko's application to annul his sanctions listing after he argued the European Council violated his procedural rights, committed "manifest errors of assessment" and violated principles of fundamental law.
Sen. Jim Banks, R-Ind., and Rep. John Moolenaar, R-Mich., reintroduced a bill March 11 to prohibit most private-sector retirement plans from investing in companies based in “foreign adversary” countries, including China, Russia, Iran and North Korea.
The U.S. shouldn't ease sanctions on Russia if Moscow accepts a proposed 30-day ceasefire with Ukraine, two members of the Senate Foreign Relations Committee said.
EU government enforcement agencies should better cooperate on sanctions and export control investigations, including by regularly sharing information during periodic meetings, according to a recent report from Kleptotrace, a research project co-founded by the EU.
The U.S. added more people and entities to sanctions and export control lists in 2024 than the previous year, with a large portion targeting Russia and China, the Center for a New American Security said this week.
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The Treasury Department included its Office of Terrorism and Financial Intelligence (TFI) in the Trump administration’s hiring freeze but is now considering giving it relief from the pause due to its national security role, the department told lawmakers.
A House Republican proposal to pass a temporary government spending measure, or continuing resolution (CR), for the rest of FY 2025 would prevent Congress from weighing in on export control policy, such as by opposing the easing of restrictions on Russia, according to a memo released March 8 by Senate Appropriations Committee ranking member Patty Murray, D-Wash.
Canada last week announced new sanctions against people and entities for either helping Iran acquire controlled technology or having ties to human rights violations committed by the Myanmar military regime.