On September 30, 2022, the United States instituted new sanctions to address the ongoing Russian-Ukraine conflict. The new sanctions follow the Leaders of the Group of Seven’s (“G7”) statement condemning Russia’s referendum...more
10/19/2022
/ Annexation ,
Bureau of Industry and Security (BIS) ,
Defense Sector ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Exports ,
G7 ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Russia ,
Ukraine
In a continued theme of increased enforcement of export controls, the Bureau of Industry and Security (“BIS”) of the U.S. Department of Commerce released a memorandum that announced a stricter Administrative Enforcement...more
The United States and the European Union announced new economic sanctions against Russia and Belarus due to the ongoing invasion of Ukraine. It is important to appreciate the timing of the implementation of the sanctions and...more
As the Russia-Ukraine conflict escalates, the U.S. Government has started to implement new sanctions on Russian entities on top of the ones that already existed. On February 21, 2022, the Executive Order on Blocking Property...more
2/25/2022
/ Biden Administration ,
Executive Orders ,
Exports ,
Foreign Policy ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
Sanctions ,
SDN List ,
Supply Chain ,
Ukraine
The Department of Treasury has recently proposed a rule revising the Committee on Foreign Investment in the United States’(“CFIUS”) regulation, 31 C.F.R. Part 800. Generally, CFIUS is a government body that has authority to...more
6/15/2020
/ CFIUS ,
Corporate Counsel ,
Export Administration Regulations (EAR) ,
Exports ,
Foreign Investment ,
ITAR ,
Mandatory Requirements ,
NAICS ,
New Rules ,
Reporting Requirements ,
U.S. Treasury
As 2020 begins, U.S. tariff policy toward China and the European Union (EU) is moving in different directions, with significant implications for U.S. companies. Beginning with China, the U.S. has gradually implemented tariffs...more
Dear Friend of Snell & Wilmer:
The past year brought significant changes across a variety of political, legal, and policy spheres, and the world of U.S. international trade law was no exception. This edition of the...more
1/12/2018
/ Cross-Border Transactions ,
Cuba ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Embargo ,
Enforcement Actions ,
Exports ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Iran ,
Legislative Agendas ,
NAFTA ,
Proposed Legislation ,
Russia ,
Supply Chain ,
Trade Relations ,
Trump Administration ,
US Trade Policies
The third round of the North American Free Trade Agreement (NAFTA) negotiations among the United States, Canada, and Mexico concluded at the end of September. Similar to the position taken after the second round of...more
10/10/2017
/ Canada ,
Cross-Border Transactions ,
Exports ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Mexico ,
NAFTA ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
The second round of the North American Free Trade Agreement (NAFTA) negotiations among the United States, Canada, and Mexico concluded earlier this month. While official statements from the countries indicated that all three...more
9/20/2017
/ Canada ,
Country of Origin ,
Cross-Border Transactions ,
Exports ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Mexico ,
NAFTA ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
On August 16, 2017, the United States, Canada, and Mexico began renegotiating the North American Free Trade Agreement (“NAFTA”). According to reports, the negotiations are scheduled to be expedited in an effort to be complete...more
8/18/2017
/ Canada ,
Cross-Border Transactions ,
Exports ,
Free Trade Agreements ,
Imports ,
Mexico ,
NAFTA ,
Popular ,
Telecommunications ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
The Export Control Reform (“ECR”) initiative is in full swing. On October 15, 2013, businesses will wake up operating under a completely revised export control system. Some the changes have been in works for several years,...more
One of the main reasons for the government’s Export Control Reform initiative (“ECR”) was to ensure that the United States’ comparative advantage in certain technologies against the rest of the global marketplace is...more
In January 2010, President Barack Obama announced a National Export Initiative (NEI), which was intended to lead to a long-term, sustainable economic growth for the United States, with a goal of doubling exports by 2015 to...more