The U.K. on Sept. 18 amended the entry for China-based Autel Robotics under its Russia sanctions regime. The listing was revised to remove Autel Intelligent Technology as Autel Robotics' parent company.
Australia this week announced new sanctions against Russia and also said it's lowering its price cap on Russian oil from $60 per barrel to $47.60 per barrel, following a similar move by other nations imposing the cap (see 2507180017 and 2509120045). The new designations target 95 Russian "shadow fleet" vessels that are helping Moscow evade international sanctions, Australia said. "We will continue to take coordinated and decisive action to disrupt Russia's ability to fund its invasion, including through constraining its oil revenues."
To crack down on Hong Kong’s significant role in sanctions evasion, the U.S. should increase funding for the Bureau of Industry and Security’s budget, pass pending anti-money laundering legislation and sanction banks involved in the Chinese territory’s illicit trade, a Hong Kong expert said Sept. 18.
The Bureau of Industry and Security again renewed temporary denial orders for three Russian airlines accused of violating U.S. export controls against Russia.
Sen. John Kennedy, R-La., announced Sept. 17 that he plans to introduce bipartisan legislation to seize about $300 billion in frozen Russian assets and make the funds available to Ukraine to better equip its military.
House Financial Services Committee Chairman Rep. French Hill, R-Ark., urged Congress Sept. 15 to pass two pending Russia sanctions bills to pressure Moscow to end its war against Ukraine.
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The Bureau of Industry and Security has removed certain export restrictions from aircraft belonging to Belavia, the state-owned flagship carrier of Belarus, as part of sanctions relief that the Trump administration has offered to the country in recent days.
The Council of the European Union on Sept. 12 extended its individual sanctions, imposed in response to Russia's invasion of Ukraine, for another six months, pushing them to March 15. The restrictions cover over 2,500 individuals and entities that were targeted "in response to Russia’s ongoing unjustified and unprovoked military aggression against Ukraine." The council also decided not to renew the listings for one individual and to remove one "deceased person" from the restrictions.
President Donald Trump is getting closer to ramping up financial sanctions pressure against Russia for its failure to agree to a peace deal with Ukraine, said Keith Kellogg, the president’s special envoy for Ukraine.