On February 24, 2022, the United States imposed a combination of extensive and complex trade sanctions and export controls against Russia in response to is invasion of Ukraine. These restrictions will be especially onerous for companies that produce U.S. export-controlled items. Even if your company’s transactions with Russia continue to be permissible, these new sanctions that target the Russian economy and financial system may make it difficult (or, in some instances, impossible) to make or receive payments associated with those transactions.
Learn More About The Sanctions
If you have any questions, please contact your local Noatum Logistics representative.