On 19 May 2025, the UK and the EU announced plans to link the EU Emissions Trading System ("ETS") with the UK ETS. Concurrently, the European Commission is preparing for a review of the EU ETS slated for 2026 by launching a...more
The Office of Financial Sanction Implementation's ("OFSI") Annual Review for 2023-2024 provides valuable insights into how the UK's financial sanctions regime has continued to develop. We explore some of the key trends for...more
On 16 February 2025 the UK Department for Business and Trade published a consultation paper to inform their development of a new steel strategy. The "Plan for Steel" consultation – open until 31 March 2025 – provides an...more
2/21/2025
/ Climate Change ,
Imports ,
International Trade ,
Renewable Energy ,
Steel Industry ,
Supply Chain ,
Sustainability ,
Tariffs ,
Trade Relations ,
Trump Administration ,
UK
The third Annual Report on the UK's National Security and Investment Act provides some valuable insights into the review process and how it continues to develop. We explore some of the key metrics and trends and what they...more
On 4 October 2023, the European Commission initiated an anti-subsidy investigation that could lead to increased tariffs on imports of Chinese electric vehicles to the European Union and has broader implications for the global...more
Following the entry into force of its FTAs with Australia and New Zealand, the UK continues to pursue a negotiation-focused trade agenda by signing up to the CPTPP and initiating a new FTA dialogue with Türkiye....more
In relation to Russia, the UK has introduced a new sanctions prohibition on the provision of legal advisory services, amended the process for the investigation of trade sanctions offences, and added the Kherson and...more
The UK has sanctioned 'financial fixers' for Russian oligarchs, extended the trust services prohibition to all persons subject to the asset freeze, and issued a General Licence permitting the restructuring or amendment of...more
The UK's trade remedies regime, as operated by the Trade Remedies Authority, is concerned with ensuring that UK domestic industry is protected from unfair trading practices and unforeseen surges in imports. On 9 March 2023,...more
The proposed Windsor Framework revising the Protocol on Ireland/Northern Ireland will, if implemented, solve some of the problems inherent in the operation of the Protocol and introduce collaborative processes for resolving...more