According to press sources, on October 18, 2011, Russia signed a free trade agreement with six former Soviet Republics - Ukraine, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan - with Uzbekistan, Azerbaijan and Turkmenistan likely to join by the end of the year. The FTA would have to be ratified by each country before becoming effective in 2012.
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
The Food Safety and Inspection Service has recently revised export requirements and plant lists for the following countries:
In the October 13 -15, 2011 editions of the Official Journal of the European Union, the following trade-related notices were posted:
Russian producer PSC VSMPO-AVISMA Corp. (together with affiliate VSMPO-Tirus, U.S., Inc.) elected to withhold its participation in the AD administrative review of magnesium metal from the Russian Federation for the period April 1, 2007 through March 31, 2008, and the International Trade Administration then assigned it an adverse AD duty rate of 43.58 percent, which the company argued was not connected to commercial reality. In response to remand instructions from the Court of International Trade, the ITA cited import statistics showing AVISMA’s U.S. prices during the period of review, at a time of a rising ruble value. The CIT concluded that the agency had sufficiently demonstrated that AVISMA could have dumped at a rate close to 43.58% and upheld that rate assignment. (Slip Op. 11-115, dated 09/15/11)
The International Trade Commission is publishing notices in the October 17, 2011 Federal Register on the following AD/CV injury, Section 337 patent, and other trade proceedings (any notices that warrant a more detailed summary will appear in another ITT article):
On October 12, 2011, the Food and Drug Administration posted revised versions of the following Import Alerts on the detention without physical examination of:
The Food Safety and Inspection Service has recently revised export requirements and plant lists for the following countries:
Export.gov has announced the following series of trade missions that are scheduled for October 2011 through May 2012:
On October 4, 2011, the Office of Foreign Assets Control added one individual to, and removed 20 from, its "Specially Designated Nationals" List. SDNs are (i) individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries or (ii) individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. The assets of listed SDNs are blocked and U.S. persons are generally prohibited from dealing with them.
The International Trade Administration is publishing notices in the October 4, 2011 Federal Register on the following AD/CV proceedings (any notices that announce changes to AD/CV duty rates, the scope, affected firms, or effective dates will be detailed in another ITT article):