Commerce Deputy Secretary Don Graves, Treasury Deputy Secretary Wally Adeyemo, and Vice Minister Masato Kanda of the Japanese Finance Ministry convened Deputies of the G7 Enforcement Coordination Mechanism to bolster the enforcement of multilateral sanctions and export controls aimed at denying Russia the inputs it needs to equip its military and the revenue necessary to fund its illegal war...

Good morning, everyone. Thank you to the U.S. Chamber of Commerce for hosting us. I want to acknowledge the members of the Ukrainian Government who are with us, including Prime Minister Shmyhal, with whom I met yesterday, and Ambassador Markarova, with whom I’ve worked closely over the last two years. In the nearly 14 months since Russia launched its full-scale invasion, the U.S. has worked on...

Today, Secretary of Commerce Gina Raimondo welcomed Ukrainian Prime Minister Denys Shmyhal to Washington, D.C. to discuss Ukraine’s plans for reconstruction and ways in which the Department of Commerce and U.S. private sector can support. The Secretary reiterated her strong support for Ukraine in the face of Russian aggression and her commitment to Ukraine’s reconstruction. In addition, The...

ZAGREB – Today, U.S. Deputy Secretary of Commerce Don Graves and U.S. Secretary of Energy Jennifer Granholm met with Ukrainian Minister of Energy German Galushchenko to express the U.S. Government’s ongoing support for Ukraine and its strong commitment to engaging the U.S. private sector in reconstructing Ukraine’s infrastructure. The Deputy Secretary noted that the Department of Commerce is...

Today, Secretary of Commerce Gina Raimondo welcomed First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko to Washington D.C. During their meeting, Secretary Raimondo expressed the U.S. government’s continued strong support for Ukraine in the face of Russian aggression, and First Deputy Prime Minister Svyrydenko briefed Raimondo on Russia’s recent attacks on Ukraine’s energy...

Suspended tariffs will bolster one of Ukraine’s most important industries Today, United States Secretary of Commerce Gina M. Raimondo announced the United States of America will be temporarily suspending 232 tariffs on Ukrainian steel for one year. Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs. Some of Ukraine...

Today, the Department of Commerce, through the Bureau of Industry and Security (BIS), is issuing a final rule that expands its highly restrictive controls on the export and reexport of U.S.-origin and certain foreign-produced commodities, software, and technologies to Russia and Belarus, further choking off access to inputs and products needed to sustain their military capabilities. As a result of...

This Latest Action Expands and Enhances Global Coalition Standing with the Ukrainian People Against Russian Aggression Today, the U.S. Commerce Department, through the Bureau of Industry and Security (BIS), is issuing a rule that formally adds the nations of Iceland, Liechtenstein, Norway, and Switzerland to the growing global coalition of nations that are cooperating in our stand against Russian...

The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has taken additional action to degrade Russian and Belarusian defense, aerospace, maritime, and other strategic sectors in response to Russia’s brutal assault on the sovereignty of Ukraine. BIS is issuing a final rule adding 120 entities to the Entity List. Ninety-five (95) entities are being added as military end...