On 21 October 2025, the European Commission (“Commission”) submitted a proposal to amend the European Union’s (“EU”) Regulation on Deforestation-Free Products (“EUDR”), aiming to reduce regulatory burden on businesses while...more
Following proposals made by the European Commission (“Commission”) on September 19, 2025, the European Union (“EU”)’s 19th package of sanctions targeting Russia, including parallel measures aligning sanctions on Belarus, has...more
On 17 October 2025, Regulation (EU) 2025/2083 of the European Parliament and of the Council of 8 October 2025 amending Regulation (EU) 2023/956 as regards simplifying and strengthening the carbon border adjustment mechanism...more
10/17/2025
/ Carbon Emissions ,
Climate Change ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Imports ,
International Trade ,
New Legislation ,
Regulatory Reform ,
Reporting Requirements ,
Trade Policy
Following the activation of the snapback mechanism set forth in United Nations Security Council’s (“UNSC”) Resolution 2231 (2015) by the E3 (France, Germany and the United Kingdom), all nuclear-related sanctions on Iran...more
10/6/2025
/ Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Financial Institutions ,
Foreign Investment ,
Imports ,
International Trade ,
Investment ,
Iran ,
Natural Gas ,
New Regulations ,
Oil & Gas
Presented as “one of its strongest sanctions packages against Russia”, the European Union (“EU”)’s 18th package against Russia was officially published on July 19, 2025, along with mirror amendments to the Belarus sanctions...more
On June 17, 2025, the European Commission (“Commission”) published a proposal for a Regulation aimed at phasing out imports of Russian natural gas, enhancing the monitoring of energy dependencies, and amending existing EU...more
On 22 May 2025, the European Commission (“Commission”) made public risk classification of countries under the EU Deforestation Regulation (“EUDR”)1 which assigned a low level of risk to 140 countries and high level of risk to...more
In recent weeks, the United States, European Union, and United Kingdom have taken significant steps to relax of their sanctions on Syria, paving the way for long-awaited normalization of commercial relations and...more
5/29/2025
/ Economic Sanctions ,
EU ,
Financial Institutions ,
Gulf Cooperation Council (GCC) ,
International Trade ,
Investors ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Syria ,
Trump Administration ,
UK
On May 20, 2025, the European Union ("EU") and the United Kingdom ("UK") adopted new sanctions targeting Russia, reflecting prior commitments to apply "further pressure on Russia to hinder its ability to wage its war of...more
INTRODUCTION -
On 8 May 2025 the European Commission announced a consultation on potential countermeasures in response to recent US tariffs on EU products. This development is part of ongoing trade tensions between the EU...more
On 19 March 2025, the European Commission ("Commission") unveiled its European Steel and Metals Action Plan ("Steel and Metals Plan"), outlining the short and medium-term work program aimed at enhancing the competitiveness of...more
4/9/2025
/ Aluminum Sales ,
Competition ,
Economic Sanctions ,
EU ,
European Commission ,
Exports ,
Goods or Services ,
Imports ,
Infrastructure ,
International Trade ,
Popular ,
Russia ,
Steel Industry ,
Tariffs ,
Trade Policy
On 12 March 2025, the United States (US) imposed tariffs of up to 25% on imports of steel, aluminium, and certain products containing steel and aluminium from the European Union (EU) and other trading partners....more
On 24 February 2025, marking the third year of the Russian invasion of Ukraine, the European Union (“EU”) adopted the 16th package of sanctions against Russia, correspondingly aligned sanctions targeting Belarus, and...more
3/5/2025
/ Belarus ,
Crimea ,
Economic Sanctions ,
EU ,
Export Controls ,
Financial Institutions ,
International Trade ,
Regulatory Requirements ,
Russia ,
Syria ,
Trade Relations ,
Ukraine
As the year closes, the European Union (“EU”) continues to use sanctions as its foreign policy tool of choice. On December 16, 2024, the EU adopted a total of 15 texts providing for new sanctions. While the centerpiece, the...more
In a significant ruling delivered on 21 November 2024, in Case C‑297/23 P, Harley-Davidson Europe Ltd, Neovia Logistics Services International NV v. European Commission, the Court of Justice of the European Union (“CJEU”) has...more
As part of the sanctions packages adopted against Russia and Belarus in the summer of 2024, the European Union (“EU”) introduced novel “best efforts” requirements, which seek to "hamper sanctions circumvention", by "keeping...more
On 2 October 2024 the European Commission ("Commission") made public its proposal to postpone application of the EU Deforestation Regulation ("EUDR"). It also circulated long overdue draft guidelines and updated FAQ in order...more
INTRODUCTION -
Deforestation is now the second leading cause of climate change globally, after burning fossil fuels, and is responsible for around 11% of all greenhouse gas emissions. In the last 60 years more than half...more
Following the adoption of its 14th sanctions package against Russia, the European Union ("EU") extended the scope of its sanctions against Belarus with a view to "mirroring several of the restrictive measures already in place...more
On June 24, 2024, the European Union (“EU”) adopted its 14th sanctions package against Russia, which “responds to the needs and findings on the ground, and tackles enforcement issues,” “target high-value sectors of the...more
The UK Government launched a Consultation on the introduction of a UK CBAM on 21 March 2024. The Consultation closes on 13 June 2024. This follows the announcement, in December 2023, that the UK would implement a UK CBAM...more
On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labour ("the EU Forced Labour Regulation" or "the EUFLR")...more
4/4/2024
/ Corporate Counsel ,
Critical Infrastructure Sectors ,
EU ,
European Commission ,
Forced Labor ,
Goods or Services ,
Human Rights ,
Retail Market ,
Suppliers ,
Supply Chain ,
Trade Restrictions
On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more
3/26/2024
/ Climate Change ,
Commodities ,
Environmental Policies ,
EU ,
Forestry ,
Goods or Services ,
Imports ,
Infrastructure ,
New Regulations ,
Regulatory Reform ,
Supply Chain
Following weeks of uncertainty, the Corporate Sustainability Due Diligence Directive ("CS3D") was finally adopted by the Council of the European Union ("Council") on March 15, 2024. ...more
3/20/2024
/ Climate Action Plan ,
Climate Change ,
Critical Infrastructure Sectors ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
EU Directive ,
European Parliament ,
Human Rights ,
Sustainability ,
Sustainable Business Practices
On March 12, 2023, the European Parliament ("EP") formally endorsed the adoption of a Directive defining criminal offences and penalties for the violation of European Union ("EU") restrictive measures, colloquially known as...more