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Africa Update - September 2014 #4

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from...more

New U.S. Restrictions on Russia: OFAC Guidance and Industry-Specific Sanctions

OFAC Expands the 50 Percent Rule - Last month, the Department of Treasury’s Office of Foreign Assets Control (OFAC) released new guidance related to entities owned or controlled by persons designated as a Specially...more

China Update - September 2014

In This Issue: - U.S-China Relations - Chinese Embassy News - Energy & Environment - Trade - Excerpt from U.S.-China Relations: Ambassador Baucus Remarks on Corruption: On August 15,...more

Despite Fragile Peace in Ukraine, U.S. Sanctions Keep on Coming

On Friday, the White House issued new sanctions against Russia in response to Russian troop advances in eastern Ukraine that helped turn the tide of the conflict. However, a fragile truce was struck a week ago between...more

U.S. Imposes Further Economic Sanctions Against Russia

On September 12, the United States implemented another round of economic sanctions against Russia in response to the continued crisis in eastern Ukraine. On September 11, U.S. President Barack Obama declared the U.S....more

As Trade War with Russia Intensifies, U.S. and EU Companies Feel the Effects

Despite the imposition of sanctions by the U.S. and EU since March, Russia had not retaliated economically until imposing the August 7 import ban on meat, fish, vegetables and dairy products from the U.S., EU, Canada,...more

OFAC Makes Important Update to Ownership/Control Guidance

On August 13, 2014, the Office of Foreign Assets Control (OFAC) issued new guidance on ownership/control for determining blocked parties. This represented the first significant update on this topic since February 14, 2008,...more

Africa Update - August 2014 #3

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from...more

Africa Update - August 2014 #2

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from...more

Department of Commerce and OFAC Continue Imposing Hefty Sanctions on Russia, While Russia Retaliates with Own Sanctions

On August 6, the U.S. Department of Commerce (the “Commerce Department”) issued new regulations, implementing additional sanctions against Russia and introducing new restrictions on exports for its energy sector. These new...more

China Update - August 2014

In This Issue: - U.S.-China Relations - Chinese Embassy News - Energy & Environment - Trade - Excerpt from U.S.-China Relations: 2013 Report on International Religious Freedom...more

The new EU sanctions against Russia – key points to know, key steps for companies with business interests in Russia

The European Union has adopted economic sanctions against Russia – the latest step relating to the protection of the territorial integrity of Ukraine. Earlier this year, the Council of the European Union had already adopted...more

Africa Update - August 2014

In This Issue: - Leading the News - United States – Africa Relations - North Africa - East Africa - West Africa - Sub-Saharan Africa - General Africa News - Excerpt from...more

Russia Bans the Import of Certain Agricultural and Food Products from the US, EU, Canada, Australia, and Norway

In response to the recent round of sanctions and export restrictions imposed on Russia, Russian Federation President Putin signed a decree on 6 August 20141 (the “Decree”) effectively banning or limiting for a period of one...more

US Expands Export Restrictions on Russia and Targets Russian Energy Sector

On August 1, 2014, the Bureau of Industry and Security (BIS) announced further export restrictions targeting Russia generally and the Russian oil and gas sector in particular, effective August 6, 2014. This action implements...more

Top Ten Takeaways from the 2014 BIS Update

The U.S. Commerce Department’s Bureau of Industry and Security (BIS) hosted its annual update conference from July 29-31 in Washington, DC. Attendance was strong as always, and there was plenty to discuss about the export...more

EU imposes targeted Russia sanctions (banks, arms and oil sectors); imposes Crimea/Sevastopol trade/investment restrictions and...

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

Overview of Central and West Africa

Orrick lawyers Pascal Agboyibor, Bruno Gay and Gabin Gabas authored the first "Overview of Central and West Africa," an outline of the electricity and oil & gas sector legislation in 14 francophone African countries, that has...more

United States and European Union Impose Broad Economic Sanctions Against Russia

On July 29, 2014, the United States and the European Union (EU) announced a significant expansion of sanctions against Russia in response to its continued support of separatists in eastern Ukraine. The measures introduced by...more

United States Issues Further Sanctions Targeting Russian Financial, Defense and Energy Sectors

On July 29, 2014, the United States expanded sectoral sanctions, targeting the Russian financial, defense and energy sectors in response to the ongoing unrest in Ukraine. The new sanctions include the addition of three...more

Update on EU Sanctions against Russia

Late on 25 July, the EU added 15 further persons and 18 entities responsible for action against Ukraine's territorial integrity to the list of those subject to an asset freeze, a prohibition against making funds or economic...more

Extension Of The Sanctions Relief Provided For In The Joint Plan Of Action Between The P5+1 And The Islamic Republic Of Iran

On July 18, 2014, the P5+1 (the United States, the United Kingdom, Germany, France, Russia, and China) agreed with Iran to extend their commitments under the Joint Plan of Action (JPOA). The JPOA, originally agreed upon in...more

U.S. Ukraine-Related Sanctions: Another List to Check and What It Means

On July 16, 2014 in response to the ongoing crisis in Ukraine, the U.S. Office of Foreign Assets Control announced that it was adding several individuals and entities to the Specially Designated Nationals (SDN) list. As with...more

China Update - July 2014 #2

In This Issue: - Quote of the Week - U.S-China Relations - Energy & Environment - Trade - Excerpt from U.S.-China Relations: U.S.-China Counterterrorism Dialogue - On July 15,...more

Iran: limited sanctions relief extended to 24 November 2014

January 2014, both the EU and U.S. brought into force measures which temporarily suspended and relaxed (for a period of six months, to end on 20 July 2014) some of the sanctions in place against Iran. This reflected the Joint...more

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