Article
EU Adopts “Mini” Sanctions Package Against Russia
The European Union has adopted a targeted "mini" sanctions package against Russia, introducing 87 new designations across multiple regimes while creating a specific derogation for transactions with Chinese chip trader Yangzhou Yangjie Electronic Technology Co., Ltd. This rolling sanctions approach marks a shift in EU strategy, targeting entities across eight jurisdictions including China, UAE, and Turkey, while addressing supply chain disruptions caused by previous designations.
Mayer Brown