South Korea lifts some sanctions against Russia
South Korea lifted sanctions imposed on Russia on some medical equipment. South Korean Ministry of Trade, Industry and Energy stated that sanctions deactivated as of 28 February. In the statement, it was stated that the pre-export licensing requirement for medical equipment was partially removed and a simpler document submission process was started. In this context, […]
SEC Dismisses Civil Enforcement Action Against Coinbase
The Securities and Exchange Commission (SEC) announced that it has dropped its ongoing civil enforcement action against Coinbase Inc. and Coinbase Global Inc. This decision came as part of a joint settlement between the Commission and the two Coinbase entities. On 21.01.2025, the SEC established the Crypto Task Force, which focused on creating a comprehensive […]
Syrian Airlines Removed from EU Sanctions List
European Union decided to ease some economic sanctions imposed on Syria. In this context, Syria’s national airline Syrian Arab Airlines (Syrianair) was removed from the EU’s sanctions list. In the statement made by the EU Council, it was stated that restrictive measures in sectors such as energy, transport, finance and banking were suspended. In particular, […]
US postpones Serbia oil sanctions
Serbian President Aleksandar Vucic shared the official document sent to Serbia by the US Treasury Department on his social media account, stating that the US sanctions against the Serbian Oil Industry under the management of Russian ‘Gazprom Neft’ were postponed until 28 March. Vucic said, “We have 30 more days for NIS. This is good […]
Canada sanctions 76 individuals and organisations linked to Russia
Canada has expanded sanctions against Russia. In a statement made by the Canadian Prime Minister’s Office, it was stated that 76 individuals and organisations, including senior Russian government officials and oligarchs, who provide support to the Russian defence industry, who are involved in the forced transfer of Ukrainian children to Russia, were included in the […]