The Bureau of Industry and Security (BIS) recently launched a landing page for its export control actions against Russia, including relevant fact sheets and guidance. Also included is agency contact information, a link to request a formal advisory opinion, and a list of related regulations and “legal resources.” BIS has warned that it has imposed controls on a “range of items” subject to the Export Administration Regulations (EAR) that didn’t “previously require export licenses when destined for Russia” and plans to update the page as more restrictions are announced.
BIS has also prepared a set of frequently asked questions to improve understanding of the new regulations, compliance obligations and exemptions.
If you have questions, please reach out to Mohawk Global Trade Advisors.
FACT SHEET: United States and Allies and Partners Impose Additional Costs on Russia