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United States Expands Sanctions on Russia, Introduces Limited Sectoral Sanctions against Four Companies
16 July 2014
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The US has imposed limited sanctions on Gazprombank, Vnesheconomobank, Rosneft, Novatek and their subsidiaries.
The designated banks and energy companies are not blocked, but US persons are restricted from engaging in transactions involving new equity and new long-term debt of the designated companies.
The US has blocked the property of eight Russian arms manufacturers, including Kalashnikov Concern, as well as additional Russian government officials.
Natalia A. Drebezgina
Lord Goldsmith QC
Satish M. Kini
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