Russia
Commercial Service Status, U.S. Sanctions and Export Controls on Russia
The U.S. Commercial Service Russia suspended operations on July 15, 2021, due to the Russian government’s ban on locally employed staff. While the Commerce Department hopes to re-open its Moscow, Russia office in the future, Russia’s invasion of Ukraine on February 24, 2022, has severely affected bilateral commercial relations.
Initial trade statistics from the months following the invasion indicated a 70-80% drop in U.S. exports to Russia, and the long-term effects of sanctions, export controls, and other U.S. government measures affecting trade remain uncertain.
As the situation on the Russian-Ukrainian border has escalated, culminating in the Russian invasion of Ukraine on February 24, the U.S. Government has responded by imposing new sanctions and export controls on Russian entities and individuals.
These new sanctions and export controls have significant implications for U.S. exporters working in the Russian market. The Office of Russia, Ukraine, and Eurasia (ORUE) is available for consultations about USG informational resources available to U.S. companies. Please contact Policy Team Lead Tanner Johnson and Russia Desk Officer Agnes Pawelkowska for more information.
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