BIS Posts Russia-Belarus FAQs

Posted by Kelsay Calvaruso on 5/20/22 5:00 PM

On May 10, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) updated its guidance “Resources on Export Controls Implemented in Response to Russia’s Invasion of Ukraine” to include a series of Frequently Asked Questions (FAQs). The FAQs are categorized under the following subject headings:

  • Applicable License Requirements;
  • License Application Review Policy;
  • Foreign Direct Product (FDP) and De Minimis Rules;
  • Excluded Countries;
  • Luxury Goods;
  • License Exceptions; and
  • Country Group and Country Chart Changes.

The guidance includes additional information and resources on the sanctions and export controls and can be found here:

https://www.bis.doc.gov/index.php/policy-guidance/country-guidance/russia-belarus

The Office of Foreign Assets Control’s (OFAC) Belarus sanctions resources can be found here:

https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/belarus-sanctions

OFAC’s Russia sanctions resources can be found here:

https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/russian-harmful-foreign-activities-sanctions

https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/ukraine-russia-related-sanctions

Topics: Sanctions, Export, Russia, FAQ, Belarus

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