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UK carbon border adjustment mechanism: shaping up ahead of 2027

In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more

Russia: further tightening of EU and UK sanctions

In light of the ongoing Russian invasion of Ukraine, the UK and EU, in close collaboration with their G7 partners, have continued to exert economic pressure on Russia through an array of sanctions. In this bulletin, we...more

CBAM – how the EU’s new carbon border tax will impact non-EU businesses

On 17 May 2023, the EU Regulation establishing a carbon border adjustment mechanism (the CBAM Regulation) came into force. The CBAM Regulation will become applicable in phases, with provisions applying from 1 October 2023, 31...more

The European Commission puts supply chains under the spotlight

Supply chain risks are drawing attention across the globe. Recent geo-political and economic shocks such as Covid-19, Russia’s invasion of Ukraine, the U.S.-China trade war and connected inflation are driving this focus. ...more

The EU’s eighth package of sanctions against Russia

On 6 October 2022, the European Union published its eighth package of sanctions against Russia. This responds to the organisation of ‘referenda’ in the Donetsk, Kherson, Luhansk and Zaporizhzhia regions, the annexation of...more

10/17/2022  /  Economic Sanctions , EU , Exports , Imports , Russia , Ukraine

EU and UK sanctions in response to Russia’s actions in Ukraine

In response to the Russian Federation’s formal recognition of two regions in Eastern Ukraine – Donetsk and Luhansk – as independent states, earlier this week the EU and the UK adopted an initial package of new sanctions...more

The EU trade agreement with Mercosur: trade and sustainability

The discussions at the recent “G7” summit concerning the fires in the Amazon rainforest highlighted the growing focus on the relationship between trade and sustainability issues....more

11/8/2019  /  EU , Exports , Imports , Tariffs , Trade Agreements

New EU sanctions in relation to Ukraine

On July 18, 2014, the European Council adopted Regulation (EU) No 783/20141 which expanded the scope of individuals, entities and bodies who could be added to the list of sanctions targets. Those materially or financially...more

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