U.S. Warns About Increasing Use of Intermediaries to Evade Russia Sanctions
International Trade attorney Antonia Tzinova was quoted in a VOA News article about the ongoing U.S. sanctions on Russia following the invasion of Ukraine and how Russia continues to evade them through intermediaries and transhipment points. The Biden Administration has designated more than 200 entities for sanctions evasion and released a compliance note to warn companies about common evasion tactics, while experts emphasize the need for responsible compliance controls to prevent Russian entities from circumventing the restrictions and obtaining technologies and resources to finance the war. Ms. Tzinova mentioned that while targeted, coordinated, and multilateral sanctions work, they lose their effectiveness over time as their targets learn to evade them.
"The concern is that Russia keeps getting the technologies that have been embargoed in support of its war and keeps getting the resources to finance its war," she said.