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Monday Morning eBriefing

Special Roundup of Latest U.S. Russian Sanctions Information

May 8, 2022, 23:00 PM by Luke Zimmer
NCBFAA knows that you as our members are doing their best to keep up with their day-to-day businesses under dire supply chain circumstances, and now add on top of all that the recent flurry of U.S. sanctions imposed on Russia for its invasion of Ukraine.
NCBFAA knows that you as our members are doing their best to keep up with their day-to-day businesses under dire supply chain circumstances, and now add on top of all that the recent flurry of U.S. sanctions imposed on Russia for its invasion of Ukraine. What do these sanctions mean to your business (our industry)? Well, it can be an awful lot, depending on whether you work with customers that had export or import business with Russia prior to invasion.
 
That is why NCBFAA is pleased to provide you—our customs broker, freight forwarder, and NVOCC members—with the latest links to these U.S. government guidance documents, as well as Monday Morning eBriefing articles that you might have missed.
 
From the White House


 
 
 
 
 
 
From the Federal Regulators
 
The Commerce Department’s Bureau of Industry and Security provides this comprehensive Russian Sanctions Resources webpage with numerous links to key export control guidance and requirement documents.
 
The Treasury Department’s Office of Foreign Assets Control (OFAC), which focuses on export controls related to sanctions, provides a Sanctions Programs and Information webpage with the latest actions taken by the agency.
 
You should also keep track of Customs and Border Protection (CBP) trade enforcement actions related to the Russian sanctions via the agency’s Cargo Systems Messaging Service (CSMS).
 
From NCBFAA
 
Here are the latest NCBFAA Monday Morning eBriefing (MMeB) articles pertaining to the Russian sanctions (NOTE: You must use your website login to access these articles):





 
 




 
As your association we will continue to do our utmost best to keep you informed of U.S. sanctions against Russia, especially as they relate to customs brokerage and freight forwarding.