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Economic Sanctions

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A page dedicated to global, regional, UK and US Sanctions updates

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EU sanctions package in response to Russian invasion

The Council adopted on a package of measures to respond to the decision by the Russian Federation to proceed with the recognition of the non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine …

Special Committee on UN Charter Opens 2022 Session

The Special Committee on the Charter of the United Nations and on the Strengthening of the Role of the Organization opened its 2022 session with delegates debating questions related to sanctions, working methods and the peaceful settlement of disputes…

At UN, Russia, China call out ‘unilateral’ sanctions

Russia, facing the threat of Western penalties over Ukraine, and China spoke out against what they called “unilateral” sanctions imposed by countries without the backing of the United Nations Security Council…

Security Council 751 Sanctions Committee Adds One Entry to Its Sanctions List

The Security Council Committee pursuant to resolution 751 (1992) concerning Somalia approved the addition of the entry specified below to its Sanctions List of individuals and entities subject to the measures imposed by the Security Council and adopted…

US imposes sanctions on narcotics traffickers

The Treasury Department designated Wilder Emilio Sanchez Farfan from Ecuador and Miguel Angel Valdez Ruiz from Mexico for allegedly trafficking cocaine into the US. The pair are also accused of contributing to the illicit activities of major Mexican cartels…

FCDO tighter sanctions against Russia over Ukraine

FCDO announces the onset of tighter sanctions against Russia over Ukraine. This legislation provides the framework for the strongest sanctions regime the UK has had against Russia. It means the UK can…

US sanctions organization supporting MMI

OFAC designated World Human Care, a non-governmental organization established by the Indonesia-based designated terrorist group Majelis Mujahidin Indonesia (MMI) to provide financial support for MMI extremists in Syria under the guise of humanitarian aid…

OFAC sanctions on destabilising corrupt activities

Milorad Dodik’s destabilizing corrupt activities and attempts to dismantle the Dayton Peace Accords, motivated by his own self-interest, threaten the stability of Bosnia and Herzegovina and the entire region…

EU to build a sanctions regime against disinformation 

The EU should beef up its capabilities and build a sanctions regime against disinformation. Rules on social media platforms, which serve as vehicles for foreign interference, have to be tightened, too.

EU Council statement on Russian Sanctions Regime

The Council condemns Russia’s continued aggressive actions and threats against Ukraine, and calls on Russia to de-escalate, to abide by international law and to engage constructively in dialogue through the established international mechanisms…

OFAC sanctions international Hizballah network 

The sanctions evasion efforts of those designated demonstrate how Hizballah gains access to the international financial system and raises funds in support of its acts of terrorism and other illicit activities. These actions undermine the stability, security, and sovereignty…

OFAC sanction for destabilizing activities in Ukraine

US Treasury sanctions Russian-backed actors responsible for destabilization activities in Ukraine. Russian intelligence services, including the FSB, recruit Ukrainian citizens in key positions to gain access to sensitive information, threaten the sovereignty of Ukraine…