Sanctions that restrict transactions and dealings with Russia, Belarus, and designated individuals and entities, and export controls restricting the dissemination of hardware, information, software and services make it difficult, if not impossible, for collaborative U.S. and Russian research and academic operations to continue. Separately, domestic and international students in Russia, and Russian students who are studying in the United States, are finding themselves unable to access funds and make wire transfers.
Akin Gump’s International Trade team is actively monitoring these new compliance obligations and the rapidly evolving legal landscape. Should you have questions regarding these developments, please feel free to contact us.
