Publish button
Download
Login to download. Need an ID and password? Register now!
BUSINESS: U.S. CAATSA sanctions infographic

 

 

Responsive button
Adapt

U.S. CAATSA sanctions pose dilemma for allies

05/29/2018
Graphic News

May 29, 2018 -- America’s Countering America’s Adversaries Through Sanctions Act (CAATSA) applies sanctions on 39 entities in Russia’s defence and intelligence sectors, and secondary sanctions on countries engaging in business with them.

After successfully threatening secondary sanctions against some of Europe’s largest companies -- France’s Total and Airbus, Norway’s Saga Energy and Denmark’s shipping group A.P. Moller-Maersk -- over their trade with Iran, Washington is now targeting Russia’s strategic ties around the world.

Under Section 231 of CAATSA, any third-country business or individual that engages in a“significant transaction” with Russia’s defence or intelligence sectors will face secondary sanctions. These penalties will affect many of America’s allies, driving them to reduce their defence and energy dependence with Russia.

Washington is pressing New Delhi to cancel India’s proposed $4.5 billion deal with Russia for five S-400 Triumf air defence missile systems. NATO member Turkey signed a $2.5bn agreement in December to also purchase S-400 systems, while Russia’s Rosatom is building a $20bn nuclear power station at Akkuyu on Turkey’s Mediterranean coast.

Indonesia has defied pressure from Washington, signing a $1.1bn order for 11 Russian-made Su-35 warplanes, while Vietnam is resisting U.S. pressure to dump Russia and buy American weapons.

After losing billions of euros from sanction-threats after the Trump administration quit the Iran nuclear deal, European companies that are partners in Russia’s planned Nord Stream 2 gas pipeline to Germany now face penalties.

The U.S. may slap sanctions on France’s Engie, the UK-Dutch Royal Dutch Shell, Austria’s OMV Group and Germany’s Uniper and Wintershall, all partners in Nord Stream 2.


Welcome to Graphic News

Please get in the habit of logging in when you arrive as some pages may soon be restricted. If you are new to Graphic News there is a Website Guide to help you find your way around.


November 24, 2017 — Ai2HTML screen graphics - The script has been updated to allow multiple screen graphics to be published on the same web page. Click here for instructions


November 24, 2017 — Training - mobile graphics- The GN AI2HTML method is very fast and easy. It allows designers with conventional design skills to produce responsive “mobile” friendly graphics to meet news deadlines. Contact helpdesk @ graphicnews.com if you would like to join our next training course.


If you need help or have questions at any time, please contact us

Cookies