International sanctions
Three Cypriot firms in new sanctions list
Three Cypriot companies are included in the new list of sanctions imposed by the US. A press release by the US Department of the Treasury says that with over 300 sanctions, the US is targeting Russia's circumvention and evasion of previous sanctions, military-industrial supply chains, and future energy revenues.
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Cypriot firms struggle with sanctions
The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as "Russian enablers."
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US sanctions Turkey-based entities for aiding Russia’s war in Ukraine
About a week ago the US imposed sanctions on Turkish entities it said violated US export controls and helped Russia's war effort.
Russia-Linked Companies Still Winning Billions in EU Procurement Deals
Russian President Vladimir Putin chairs a meeting with the State Council Presidium on developing Russian industry under sanctions during a trip to Tula, Russia, 04 April 2023. EPA-EFE/GAVRIIL GRIGOROV
US sanctions Turkey-based entities it says helped Russia’s war
The United States on Wednesday imposed sanctions on at least four Turkey-based entities it said violated US export controls and helped Russia's war effort, in the biggest US enforcement action in Turkey since the invasion of Ukraine last year.
US-Sanctioned Bosnians Demand Proof of Their Wrongdoing
Osman Mehmedagic, former director of Bosnia's Intelligence and Security Agency and now sanctioned by the US Treasury Department's Office of Foreign Assets Control, OFAC, reacted to the penalty by saying that the "accusations are unfounded and false".
US Sanctions Bosnia’s Former Intelligence Chief for ‘Corruption’
The US Department of the Treasury's Office of Foreign Assets Control, OFAC, extended the list of sanctioned individuals from Bosnia and Herzegovina on Wednesday, slapping sanctions on a former chief of the Intelligence Security Agency, Osman "Osmica" Mehmedagic and two others.
Moscow's response to the Serbian minister: Rather strange position
The official representative of the Russian Foreign Ministry, Maria Zakharova, in her Telegram channel, responded to the call of the Minister of Economy of Serbia, Rade Basta, to the government to join the sanctions against Russia in connection with the growing pressure on the republic from the West.
Bulgaria will ask for a Derogation from European Sanctions against Russian Nuclear Energy
The caretaker government is preparing a request for a derogation if the European Union imposes sanctions against Russian nuclear energy, Deputy Minister of Energy Elenko Bozhkov told BNT.
Washington stops short of tongue-lashing Nicosia
Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island.
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