US bans shipments of trucks, bearings and 200 more goods to Russia US Department

of Commerceexpanded restrictions on the EXPORT of industrial goods to RUSSIA. The ban included deliveries of trucks, ball bearings, engines,

The US Department of Commerce on Monday, May 9, unveiled a new rule that expands restrictions on exports to Russia of a wide range of manufactured goods. These actions are taken to "further limit Russia's ability to withstand the economic impact of multilateral sanctions, cut sources of revenue that can support Russia's military capability, and harmonize US export regulations on Russia with European ones," the document, which officially takes effect May 11, says. .

US authorities are expanding the category of Russian Industry Sector Sanctions (“sanctions against Russian industrial sectors”), which now apply to the export of American equipment for oil production to Russiaand gas and oil refining. The list is supplemented with 205 positions at the level of six characters of the harmonized coding system for goods (international classifier). Among them are knives and blades for machines, jet, hydraulic, pneumatic engines, air conditioning units, refrigerators, freezers, fire extinguishers, lifting devices, bulldozers, various machines (printing, ironing, metal-cutting, copying and duplicating, etc.) , various machine tools, industrial robots, bearings (ball, roller), DC/AC motors, power generators, transformers, nickel-cadmium batteries, broadcasting and television equipment, vehicles for the transport of goods, trailers and semi-trailers, photo laboratory equipment, geodetic or topographic instruments.

US bans exports to 120 Russian and Belarusian organizations Economics

The US Department of Commerce will deny exporters or re-exporters of eligible U.S. products the issuance of licenses to ship to Russia, with the exception of export licenses for HEALTH and safety or humanitarian goods, which may be approved on a case-by-case basis.

The U.S. government filings do not provide estimates of how much normal annual shipments to Russia could be affected by the new restrictions. Yesterday, the administration of US President Joe Biden announced that Washington would issue a new rule restricting the supply of "wooden containers, industrial engines, boilers, motors, fans and ventilation equipment, bulldozers and many other goods with industrial and commercial applications" to Russia. The European Union is "moving in tandem [with the US]" to impose additional restrictions on the export of chemicals "that directly supply the Russian military-industrial complex," a US administration official said.

it is assumed that these goods will also be subject to the "foreign direct product" (FDP) rule, established at the end of February in relation to Russia. These rules mean that US export controls apply to non-US goods that are "a direct product of US technology or software subject to national security controls." Thus, the effect of restrictions may be wider and extend to certain products manufactured in other countries.

The US imposed sectoral sanctions against the Russian consulting sector Politics

Read on RBC Pro Pro How exactly now a top manager should look for a job:Four Tips How To Pro Why CNN+ Shut Down And What Will Happen To Other Streaming Services Articles ProSMS is no longer affordable: how sanctions have changed mobile mailings in Russia Articles Pro So-so motivation:why you shouldn't tie your salary to KPI Research Pro How to abandon the Western HR system Instructions Pro“Already abroad, but I can recommend a friend”: how to contain churn in IT Instructions Pro Do the opposite:how to capitalize on wrong investment gurus predictions Pro x The Economist Articleshow to fire without harm to the company Articles

In March 2022, exports of American goods to Russia have already decreased by almost five times compared to February, to $101 million, which is the lowest monthly volume since at least the early 2000s. This was the result, among other things, of direct export restrictions, for example, on the supply of aircraft and aviation equipment to Russia. In 2021, deliveries to Russia, for example, of industrial engines amounted to about $120 million, bulldozers - $27 million, ventilation equipment - $49 million, trucks - $68.5 million.

Favorable course inFavorable exchange rate at VTB officesThe larger the amount, the greater the benefit.More than 1,000 branches across the countryPreliminary calculation inonline converter