US sanctions against Russia will limit its access to technology from overseas
Summary
The US government has imposed harsh export restrictions against Russia designed to drastically limit its access to both low- and high-tech goods from overseas. As first reported by , the Commerce Department has posted a list of expanded licensing policies and requirements implemented in response to Russias further invasion of Ukraine. Smartphone exports to Russia are also allowed, so long as theyre not shipped to Russian government employees and state-owned enterprises. Former Commerce Department official Kevin Wolf told that the rules are so complex, many companies might simply stop dealing with Russia completely to avoid mistakes despite the carveouts. The list of partner countries includes 27 members of the European Union, such as Italy, France and Germany, along with Canada, Australia, Japan and the UK, to name a few.