Russia-Ukraine Sanctions Resource Center
Governments around the world have imposed a wide range of sanctions on Russia in response to Moscow’s invasion of Ukraine, in addition to measures already in place since the start of the Russia-Ukraine crisis in 2014.
Updated as and when Governments announce new sanctions and trade restrictions, this resource center helps businesses understand the full scope of these restrictions – whether you are involved in commercial activities in the Russian/Ukraine region, or with Russian-based companies globally – and suggests denied and restricted party screening tools and other compliance solutions that can be leveraged to mitigate the risk exposure to your supply chain.
Russia-Ukraine Sanctions Updates
The latest sanctions updates and advice from Descartes Global Trade Intelligence experts.
(09/08/22) As the conflict in Ukraine drags into its 7th month, Russian officials have stepped up their efforts to thwart sanctions imposed against them by the U.S., UK, EU, and other Western governments.
(06/26/22) The U.S., with other G7 countries, revokes Russia’s MFN status but what are its impacts and how should organizations doing business with Russian-based entities reconfigure their supply chains.
(04/05/22) With Russia now being the most sanctioned country in the world, the U.S. Treasury has begun clamping down on sanction evaders.
(03/30/22) As more sanctions are imposed on Russia, an international plan is unveiled to counter sanctions evasion. Business observers emphasize the importance of sanctions screening to easily identify newly-listed denied parties.
(02/23/22) New sanctions on Russia and Ukraine have the potential to cause additional headaches for companies conducting business there. Learn more
(03/01/22) Countries across the globe have applied new sanctions to Russia. It is critical to understand the implications of these restrictions if you are conducting business anywhere with Russian-based parties.
Descartes Can Help Manage Operational Challenges Impacted by These New Russia-Ukraine Sanctions
Have questions about the new Russia-Ukraine Sanctions Programs?
Our experts can help and have provided answers to some of the most frequently asked questions related to trade restrictions that have been added, updated, or made more stringent in response to Moscow’s invasion of Ukraine.
In the Media
Descartes is frequently sought out by the news media for its in-depth business insights into logistics, supply chain, and compliance issues making headlines. The following are articles in which our experts have provided a business perspective to the ongoing media discussions about the Russia-Ukraine sanctions.
Export Compliance Daily: Russia Trade Restrictions, Compliance Challenges Seen as ‘New Normal’
AJOT: Russia-Ukrainian war jeopardizes regional metals supply chains
MarketScreener: Global Sanctions Response to Russian Invasion of Ukraine
Listing of Major Sanctions
Stay on top of U.S. sanctions and other restrictions that could impact your business in Europe and around the world.
European Union and United Kingdom
Keep abreast of changes to denied and restricted party watch lists and the latest sanctions imposed by the EU and UK.
How We Help Our Customers
“By automating denied party screening with Descartes’ intuitive and easy-to-use solution, Argosy has realized a 75% productivity gain in our compliance practice.”
— Amy Chen, Quality Manager & Export Compliance Officer -Argosy International
“Automated screening with Descartes Visual Compliance gives us a high level of confidence regarding compliance and due diligence, both on a day-to-day basis and when entering new markets or signing up new partners. And by integrating the Descartes system into our other business processes, we not only reduced the burden on our organization to do these processes manually, but we've improved compliance.”
— Jonathan Prignac, Director, Business Systems - Commercial & Corporate Affairs, Meggitt PLC
“Descartes has managed to save us nearly 28,000 man-hours per year, and reduce our compliance risk exposure.”
— Erick Wallace, Corporate Export Compliance Manager, Reliance Steel and Aluminum Co.