More sanctions news in May 2019

Vladimir Putin, Hassan Rouhani, Recep Tayyip Erdoğan. Photo: http://www.kremlin.ru
  • Iran: U.S Treasury Department blacklisted members of a network operating in Turkey and the United Arab Emirates helping Iran evade sanctions.
  • Russia: The U.S imposed sanctions on Evrofinance Mosnarbank over its dealings with Venezuela’s oil company PVDSA. The Moscow-based bank is jointly owned by a group of Russian banks and Venezuela’s National Development Fund.
  • Russia: The U.S, EU and Canada imposed additional sanctions on Russian individuals and firms in reaction to an incident in the Kerch Strait between Russian and Ukrainian vessels in November.
  • Zimbabwe: The U.S also expanded its sanctions on Zimbabwe, including President Emmerson Mnangagwa and stated that it would only remove the sanctions after the easing of press restrictions and the suppression of protesters.
  • Congo: The U.S announced sanctions against top officials from the electoral commission for alleged corruption.
  • Venezuela: In a move to further cut off Maduro’s financing, the U.S Treasury imposed sanctions on Venezuela’s gold mining company Minerven and President Trump declared that he could get “a lot tougher” in the future.

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