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    1. Home
    2. >Headlines
    3. >US lifts sanctions on UAE-based logistics firm Globe Trekkers
    Headlines

    US Lifts Sanctions on UAE-based Logistics Firm Globe Trekkers

    Published by Global Banking & Finance Review®

    Posted on March 6, 2026

    1 min read

    Last updated: April 1, 2026

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    Quick Summary

    The U.S. Treasury has removed Russia-related sanctions on UAE-based logistics firm Globe Trekkers, lifting its designation on the SDN list as of March 6, 2026, thereby restoring its ability to conduct transactions with U.S. persons.

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    US Lifts Sanctions on UAE-Based Globe Trekkers, a Logistics Company

    US Treasury Removes Sanctions on Globe Trekkers

    Background of the Sanctions

    Russia-Related Restrictions

    Impact on UAE-Based Companies

    WASHINGTON, March 6 (Reuters) - The United States has removed Russia-related sanctions on United Arab Emirates-based freight and logistics company Globe Trekkers, a notice on the U.S. Treasury's website showed on Friday.

    Official Announcement

    Details from the U.S. Treasury

    Notice Publication Date

    (Reporting by Katharine Jackson and Susan Heavey)

    References

    • New US sanctions target workarounds that let Russia get Western tech for war
    • Latest Developments of

    Table of Contents

    • US Treasury Removes Sanctions on Globe Trekkers
    • Background of the Sanctions
    • Russia-Related Restrictions

    Key Takeaways

    • •Globe Trekkers, sanctioned since March 12, 2024 under Executive Order 14024 for supplying dual‑use technology to Russia, has now been delisted from the U.S. SDN list, ending U.S. restrictions (apnews.com)
    • •The delisting marks a rare reversal of prior sanction’s policy, reflecting OFAC’s discretion to remove designations when warranted (squirepattonboggs.com)

    Frequently Asked Questions about US lifts sanctions on UAE-based logistics firm Globe Trekkers

    1Which company had US sanctions lifted in March 2024?

    The US lifted sanctions on Globe Trekkers, a United Arab Emirates-based logistics company.

    2Why were the sanctions imposed on Globe Trekkers?

    Globe Trekkers was under Russia-related sanctions by the United States.

    3How was the sanctions removal announced?

    A notice was posted on the US Treasury's website regarding the sanctions removal.

  • Impact on UAE-Based Companies
  • Official Announcement
  • Details from the U.S. Treasury
  • Notice Publication Date
  • •Lifting the sanctions may ease compliance burdens for firms dealing with UAE freight and logistics companies involved in Eurasia‑focused supply chains
    • 4When did the US Treasury announce the removal of Globe Trekkers' sanctions?

    The US Treasury's notice appeared on Friday, March 6.

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