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Imposition of Sanctions on `Luxury Goods' Destined for Russia and Belarus and for Russian and Belarusian Oligarchs and Malign Actors Under the Export Administration Regulations (EAR)

bis-export-control · Bureau of Industry and Security · Published 2022-03-16 · Effective 2022-03-11 · 87 FR 14785

Document

Document number
2022-05604
Federal Register citation
87 FR 14785
CFR reference
15 CFR 738
Type
Rule
Action
Final rule.
Category
bis-export-control
Sub-agency
Bureau of Industry and Security
Publication date
2022-03-16
Effective date
2022-03-11
Commerce docket
Docket No. 220311-0071

Abstract

In response to the Russian Federation's (Russia's) further invasion of Ukraine, and Belarus's substantial enabling of Russia's invasion, the Department of Commerce is imposing restrictions on the export, reexport, or transfer (in-country) to or within Russia or Belarus of `luxury goods' under the Export Administration Regulations (EAR) and for exports, reexports and transfers (in-country) worldwide to certain Russian or Belarusian oligarchs and other malign actors supporting the Russian or Belarusian governments. Taken together, these new export controls will significantly limit financially elite individuals' and organizations' access to luxury goods and thereby accentuate the consequences of providing such support.

Source

Authoritative
Federal Register document
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