US / EU Sanctions Against Russia
AmCham Denmark, in partnership with Kromann Reumert and Foley & Lardner, hosted several hundred AmCham members and stakeholders for a timely webinar on U.S. / EU Sanctions Against Russia.
Following the Russian invasion of Ukraine, the U.S. and European Union implemented unprecedented and wide-ranging sanctions against the Russian government, its financial system, key companies, products, technologies, and individuals.
The sanctions are part of an unprecedented level of cooperation between the United States, the EU, UK, and several other nations. As a result, Russia is now under a level of sanctions most associated with countries like Iran and North Korea, only with the rules rapidly changing on a daily or even more frequent basis.
Sanctions and export controls experts Greg Husisian and John Turlais, from the U.S. law firm Foley and Lardner LLP, and Hans Jakob Folker and Laura Marusic, Danish and EU sanctions and compliance experts from Kromann Reumert, provided their analysis of these sanctions and practical guidance to Danish companies on how to cope with the rapidly changing legal embargos.