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Current sanctions on Montengro entail a prohibition to satisfy claims in relation to contracts and transactions the performance of which have been affected by measures imposed by UN Security Council Resolution 757 (1992) and related resolutions. The same sanctions regime applies in relation to Serbia.
Today, OFAC updated its Balkans-related Designations. It added 7 individuals and one entity to OFAC’s SDN List as well as made several deletions. (Notice & Press release) The following individuals have been added: GRUEVSKI, Nikola; MAROVIC, Svetozar; MIJALKOV, Sasho; NDROQI, Ylli Bahri; RAKIPI, Aqif; SARAJLIC, Asim, TADIC, Gordana, The following entity has been added: I.C.I.C. KFT. (a.k.a. I.C.I.C. LTD.), Bocskai utca 9, …
Russia has renewed until 31 December 2022 its import ban on agricultural products, raw materials and food, (including beef, pork, fruit, vegetables, fish and dairy products) from the US, EU, UK, Canada, Australia, Norway, Ukraine, Albania, Montenegro, Iceland and Lichtenstein, pursuant to Decree No. 534. The ban was initially imposed on 6 August 2014 in response to western sanctions on …
President Putin has extended an embargo on food imports from several states from 1 January 2020 to 31 December 2020 pursuant to Federal Law No. 281-03 in response to the EU’s recently renewed economic sanctions targeting Russia’s finance, energy and defence sectors (see post). The embargo is already in place until the end of 2019. The states subject to the...
The UK has passed the Sanctions (Amendment) (EU Exit) Regulations 2019, SI 2019/26, which make amendments to a number of EU sanctions regimes to ensure (inter alia) that they continue to apply within the UK after Brexit. The Regulations will come into force on exit day....
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