Biden’s New Russia Sanctions – A Bid for Stable Relations?

On 15 April 2021, the White House announced new sets of financial sanctions on Russia.  This time the sanctions will have significant bite, targeting the country’s primary issuances of domestic Rouble-denominated government bonds. The sanctions come into effect on 14 June 2021 by an executive order set out by US President Joe Biden. Previously, in 2019, The Trump administration set out sanctions prohibiting US financial institutions from purchasing primary issues of non-Rouble domestic debt.

Read the full article on the website of Dezan Shira & Associates.

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The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.

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