Crimea & Sevastopol

U.S. sanctions Russian parties linked to crisis in Crimea & Sevastopol

On 20-12-2016, the U.S. Department of the Treasury sanctioned 7 Russian individuals and 8 companies (including more than 20 subsidiaries of the Russian Agricultural Bank and OAO Novatek) under U.S. sanctions concerning the Crimean Region of the Ukraine. The OFAC measures, parallel to the EU measures, are a reaction to the U.S. Government’s determination of Russia’s involvement in the ongoing crisis in the Crimean peninsula.