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News/Compliance & Enforcement/OFAC & State Department Announce New Russia Sanctions, Targeting Military-Industrial Complex
Expert Opinion·Compliance & Enforcement Brief

OFAC & State Department Announce New Russia Sanctions, Targeting Military-Industrial Complex

Volkov Law – The Office of Foreign Assets Control has widened the scope of its Russia Sanctions Program, imposing nearly 100 new sanctions on the Russian defense sector and individuals who benefit from it, while the State Department has designated more than 70 persons pursuant to Executive Order 14024.

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