March 14, 2022 — U.S. President Joe Biden’s order from Friday, 11 March, 2022, banning Russian seafood imports from entering U.S. ports will give U.S. businesses some time to accept previously made orders, according to guidance issued by the Treasury Department.
For those companies that have previously done business with Russia, any contract that was in place before Biden signed the executive order can still be carried out. But the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced that companies expecting imports of fish or other items now banned can receive them through Friday, 25 March, as long as there was a written agreement in place prior to the president’s order.
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