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European Union Exports

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Cornerstone Research

U.S. Natural Gas Marketed Production Reaches Record Highs

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Ukraine War contributes to substantial increase in U.S. LNG exports to Europe. Washington—Annual marketed production of natural gas increased in the United States to a record high in 2022...more

Flaster Greenberg PC

Russia Uses Fertilizer Exports To Evade Natural Gas Sanctions

Flaster Greenberg PC on

After Russia invaded Ukraine in February 2022, Western countries enacted a series of embargoes against Russian goods and raw materials, including natural gas and oil, that many did not think possible or implementable given...more

K&L Gates LLP

EU and UK Sanctions Briefing: The Luxury Goods Sector

K&L Gates LLP on

The Impact of the EU and UK Russian Sanctions Regime on the Luxury Goods Sector - As the EU and UK Russian sanctions regimes continue to evolve, export controls are now affecting industries previously not often subject to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

K&L Gates LLP

European Union Adopts New Sanctions Against Russia and Belarus

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The European Union has again amended its sanctions against Russia and Belarus by adopting further legal acts, which put additional compliance obligations on EU companies. In particular, businesses will now have to undertake...more

White & Case LLP

14th EU Sanctions Package targets Russian LNG and political donations, expands import and export bans and closes loopholes

White & Case LLP on

On 24 June 2024, the European Union adopted its 14th sanctions package against Russia since its invasion of Ukraine in 2022. This package introduces a number of targeted measures on the Russian LNG sector. It also strengthens...more

Pillsbury - Global Trade & Sanctions Law

EU’s 14th Package of Sanctions on Russia

On 24 June 2024, the EU adopted its 14th package of sanctions against Russia. The latest measures include: The designation of 116 additional individuals and entities across a number of industries for their responsibility in...more

McDermott Will & Emery

Quarterly Sanctions Update | Q2 2024

On June 24, 2024, the European Union adopted its 14th sanctions package (implemented by EU Regulations 2024/1745 and 2024/1739). While the focus of this package was to curb the violation and circumvention of sanctions through...more

Morrison & Foerster LLP

What is in my Supply Chain?

April and May 2024 mark historic months when it comes to supply chain due diligence obligations for EU and non-EU companies that operate in the EU. Going forward, companies will not only be required to identify and address...more

K2 Integrity

Sanctions Against Russia: U.S. Increases Secondary Sanctions Risks for Foreign Financial Institutions, Expands Sanctions and...

K2 Integrity on

On 12 June 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued new measures to further isolate Russia’s...more

White & Case LLP

EU launches new sanctions framework targeting Russia regarding human rights violations

White & Case LLP on

On May 27, 2024, the EU adopted a new sanctions regime in relation to deemed human rights violations and internal repression in Russia. The new sanctions measures include asset freezes and export restrictions targeting...more

McDermott Will & Emery

Mobility@McDermott: Monthly Update (04/2024)

1. “No re-export to Russia” clauses become mandatory for certain contracts within the EU - As of March 20, 2024, so-called “no re-export to Russia” clauses have become mandatory for certain types of contracts concluded by...more

WilmerHale

Hiding in Plain Sight: New Ukraine and Israel Aid Package Includes Significant Changes to US Sanctions and Export Control Laws

WilmerHale on

On April 24, 2024, President Biden signed into law H.R. 815, an emergency appropriations package billed as authorizing $95 billion in foreign aid to Ukraine and Israel (the Act). While the Ukraine and Israel aid provisions...more

Latham & Watkins LLP

Sanctions Update: EU Tightens Restrictions on Professional Services and Business-Critical Software for Russia

Latham & Watkins LLP on

The EU’s 12th and 13th “packages” of sanctions on Russia cancel a significant exemption, ban the provision of certain software systems, and impose multiple other measures. This Client Alert is published in the context of...more

K&L Gates LLP

UK and EU Sanctions Update–April 2024

K&L Gates LLP on

The following alert provides an update on recent sanctions developments, including: The publication of the UK government’s first sanctions strategy. The announcement of over 50 new sanctions. Measures to strengthen the Oil...more

Sheppard Mullin Richter & Hampton LLP

The End of the World Order and the Rise of Trade Regulation

Author and futurist Peter Zeihan recently asserted that President Joe Biden has presided over “the most protectionist administration the United States has had in at least a century.” And Donald Trump reportedly plans to...more

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 5th - 6th, Berlin, Germany

Hosted by the C5 Group Inc., the 2024 European Forum on Global Economic Sanctions will explore the evolution of the global economic sanctions landscape, analyzing everything from the shifting geopolitics around the globe, to...more

Sheppard Mullin Richter & Hampton LLP

E(U)xterritoriality of EU Sanctions: The No Russia Clause

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick. As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand...more

Latham & Watkins LLP

EU Reaches Provisional Agreement on Forced Labour Regulation

Latham & Watkins LLP on

The proposed regulation would ban forced labour-made products from the EU market, affecting companies’ supply chains and requiring compliance checks. On 5 March 2024, the European Parliament and European Council...more

Morgan Lewis

European Council Issues Guidance on Recently Imposed ‘No Russia’ Clause for EU Exporters

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EU-based aircraft owners and lessors, among other exporters, will soon have to incorporate a “No Russia” clause in their contracts with non-EU counterparties for the sale, supply, transfer, or export of aircraft and aircraft...more

Mayer Brown

Europe Daily News, 07 March 2024

Mayer Brown on

COMPETITION - -Non-opposition to a notified concentration (Case M.11385 - Permira / Blackstone / Adevinta) -Non-opposition to a notified concentration (Case M.11381 - Allianz / Pimco / Silver Point / Incora...more

Mayer Brown

EU Political Agreement on Forced Labor Product Ban

Mayer Brown on

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 labor on the European Union ("EU") market. While binding...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of February

Mayer Brown on

I. US SANCTIONS - US Department of the Treasury Sanctions Almost 300 Individuals and Entities: On February 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned almost 300 individuals...more

A&O Shearman

EU sanctions and the no re-export to Russia requirements

A&O Shearman on

Who has to comply with the Regulation? The Regulation only applies to EU person exporters who are selling, supplying, transferring, or exporting the targeted goods (including aircraft) to third-country counterparts outside of...more

J.S. Held

2024 J.S. Held Global Risk Report: Business Implications From China’s Weakened Economy

J.S. Held on

After 30 years of extraordinary growth, China’s economy – the world’s second largest – appears to be entering a new phase of slower expansion. The real estate sector – which accounts for around one-third of Chinese GDP and...more

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