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CMS Client Alert | August 2014

Update on sanctions against Russia

07/08/2014

The economic sanctions against Russia are reaching a new dimension. Whereas at the beginning the sanction measures had more of a symbolic character, the more recent developments have meant that no company operating in the international sphere can be sure any more of not being directly or indirectly affected by the sanctions. The recent tightening of the sanction regime is seriously impacting Russia's economic relations with EU and US companies. What sanctions must be observed in Russia-related business and what specifically has to be done?

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CMS Client Alert | August 2014
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