The EU has extended its sanctions in relation to Ukraine by adding 19 persons and nine entities to the asset freeze list. These newly designated parties are deemed to be actively involved in separatist activities in Eastern...more
2014 was a very eventful year for sanctions, with both the European Union (EU) and United States (US) making extensive use of trade sanctions to attain foreign policy goals. Certain sanctions measures against Iran were (and...more
This alert summarizes certain recent EU sanctions developments with respect to Iran, Syria, Belarus, and Serbia/Montenegro. In sum, they are as follows:
• Iran: Today, the EU decided to extend the existing temporary...more
Today, the EU published a second round of targeted sanctions against Russia. These new measures expand the EU’s existing Russia sanctions and restrict access to capital markets covering certain loans and credit, trade in...more
Against the background of recent European Union (EU) sanctions targeting Russian airline Dobrolet, this note provides a general overview of relevant issues – especially in the context of the aircraft sector.
The EU has adopted and published targeted sanctions against Russia covering banks, the oil sector and arms in response to the situation in Ukraine. The new sanctions include an EU ban on purchase or sale (and related...more
This alert resumes three changes to EU sanctions adopted over the past week. This week is likely to be equally busy as further sanctions on Ukraine and Russia are expected imminently.
First, and most important, the...more
The EU has introduced new sanctions measures, namely the following:
• The addition of 11 ‘rebel’ names to the Ukraine asset freeze list; and
• The introduction of an asset freeze in relation to South Sudan,...more
The EU Council on 23 June 2014 took several sanctions-related actions,1 all effective on 24 or 25 June 2014, including:
• the introduction of an EU import ban for products from Crimea and Sevastopol (and related...more
The European Commission has recently outlined its priorities and suggestions for modernising and improving the EU’s Dual-Use export controls regime in a Communication. The proposed approach focuses on ‘smarter’ controls,...more
On 14 May 2014, in the run-up to the fifth negotiating round taking place 19-23 May 2014 in the US, the European Commission has published its negotiating position in the ongoing Transatlantic Trade and Investment Partnership...more
On 12 May 2014, the EU Council broadened the scope of EU sanctions in response to the situation in Ukraine. The legal basis for EU sanctions was broadened notably to cover obstruction of the work of international...more
In response to the most recent developments in the Crimea crisis, the EU Council decided on 28 April 2014 to add another 15 individuals to the EU’s asset freeze list and travel ban. The names have been published in Council...more
In an attempt to strengthen European Union (EU) sanctions targeting misappropriation of Ukrainian state funds, the EU has added another four names to the existing list of individuals subject to an asset freeze. These...more
As a further response to recent developments in Crimea, the EU today added another 12 names to the existing list of individuals in Russia and Crimea subject to a visa ban and asset freeze. These restrictions were published in...more
In response to the Crimea crisis, the EU Council decided to impose sanctions against individuals in Russia and the Crimea in the form of an asset freeze targeting persons responsible for actions which threaten the...more
Following a promise by the Council of the European Union (EU) on 20 February 2014 to impose various restrictive measures against Ukraine in response to the deteriorating political situation, the EU list of...more
I. Introduction -
On 20 January 2014, the Council of the European Union (EU) agreed to temporarily suspend certain sanctions against Iran, namely those relating to (re)insurance and transport services for Iranian crude...more
The EU’s new Generalised Scheme of Preferences (GSP) regime started to apply on 1 January 2014; recently, some key announcements were made relating to removal of certain GSP beneficiary countries and granting of GSP Plus...more
The Council and European Parliament recently agreed on new procedural rules for the adoption of trade defence measures (i.e. anti-dumping, antisubsidy, and safeguard measures) by the European Commission. The new rules...more
On 9 October 2013, the European Union (EU) adopted the Union Customs Code (“UCC”), which was published in the EU Official Journal the following day. It will on 1 June 2016 replace the current Community Customs Code as the new...more
Last week, the EU and US met for the first round of negotiations of a Transatlantic Trade and Investment Partnership (TTIP) Agreement. In statements following the closing of this round, chief negotiators for both sides...more
I. Introduction -
The EU has renewed its sanctions against Syria until 1 June 2014, with the exception of the arms embargo.
For Belarus, the Council has decided to delist three parties from the asset freeze...more
I. Introduction -
The EU has updated its sanctions measures against Burma/Myanmar, Syria, North Korea and Libya.
For Burma/Myanmar, the Council has decided to lift all economic sanctions, while keeping the...more
I. Introduction -
The EU has updated its sanctions measures against Syria, North Korea and Zimbabwe.
For Syria, the Council has renewed its sanctions for a further three months, while introducing certain...more