Washington Adds Foreign Firms to Its Sanctions Blacklist
Published Date: 10/30/2026
Notice
Summary
The Department of State has added certain Russian and other foreign companies and individuals to a special U.S. sanctions list, blocking their property and banning Americans from doing business with them. These actions target those involved in weapons development, harmful foreign activities, and repression, effective immediately. This means affected parties lose access to U.S. money and markets, tightening the financial squeeze on them.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Designated persons’ U.S. property blocked
The Department of State published names of foreign companies and individuals added to the Treasury Department’s Specially Designated Nationals (SDN) List. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them (designations include determinations dated September 29, 2026; September 17, 2026; August 24, 2026; August 6, 2026; June 10, 2026; and May 8, 2026).
Some designees flagged for secondary sanctions
The notice explicitly marks several listed entities as having a "Secondary sanctions risk" or being "Subject to Secondary Sanctions," and references authorities such as Section 11 of Executive Order 14024 and other Executive Orders. Examples in the notice include listings that state "Secondary sanctions risk: See Section 11 of Executive Order 14024" and "Additional Sanctions Information--Subject to Secondary Sanctions."
Designations issued on multiple specific dates
The notice records multiple separate determinations and blocking actions with specific dates: September 29, 2026; September 17, 2026; August 24, 2026; August 6, 2026; June 10, 2026; and May 8, 2026 (and earlier listed dates). The blocking of property and prohibitions on U.S. persons apply as of the respective determination dates shown in the notice.
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Key Dates
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