The further evolving US and EU sanctions on Russia (and now, some newly emerging new Russian countersanctions) continue to challenge Russia-related business. The sanctions frameworks are complex, changing, and, at times, inconsistent as well as overlapping. Navigating this complex global framework is made even more difficult by the current unpredictable and reactionary geopolitical environment. This presentation, an update to our April 2018 presentation, provides a detailed overview of the relevant frameworks and their possible implications—with an additional focus on the energy sector—as of 30 July 2018.
Recognizing that this is a fluid situation, if there is breaking news, we will be prepared to present this information as it develops.