News & Analysis as of

Barack Obama Trade Relations

Barack Hussein Obama is the 44th President of the United States. President Obama is a Democrat and was originally elected to the Presidency in 2008. He was elected for a second-term in November of 2012.
McNees Wallace & Nurick LLC

Cuba Sanctions Eased, but too Early for a ‘Gold Rush’

As much of the world now knows, beginning in January 2015, the Obama Administration began easing some of the sanctions that have been imposed on Cuba for generations. Since that easing, there has been a great deal of interest...more

Thomas Fox - Compliance Evangelist

Bob Dylan Wins the Nobel Prize – Cuba Slowly Opening for Business (under the FCPA)

Bob Dylan won the Nobel Prize for literature. Those were words I never thought I would see in the same sentence, let alone write in the same sentence. Yet here we are, the first rock and roller to win the Nobel Prize. While...more

Clark Hill PLC

One Year Anniversary of U.S.-Cuba Diplomatic Relations

Clark Hill PLC on

On July 20, 2016, the United States and Cuba marked the first anniversary of the re-establishment of diplomatic relations between both countries. Key events from the preceding year include: - The re-opening of the U.S....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Labor Provisions of the Just-Released Trans-Pacific Partnership (TPP) Trade Agreement

This morning, the Obama administration released the text of the Trans-Pacific Partnership (TPP) trade agreement, setting up a bitter debate over its provisions next year. Foremost among the opponents of TPP, organized labor...more

Shumaker, Loop & Kendrick, LLP

Important Changes to Byzantine Cuban Assets Control Regulations

For over 50 years, the ability to travel to Cuba and do business or trade with Cuban nationals has been governed by a byzantine set of regulations administered by the Department of Treasury’s Office of Foreign Assets Control...more

Mintz - ML Strategies

Africa Update - October 2015 #2

Mintz - ML Strategies on

Leading the News - Libya: On October 8th, The Washington Post provided an update on the Islamic State of Iraq and the Levant’s (ISIL) activities in Sirte, Libya. Since taking hold of Sirte earlier this year, ISIL...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

President Obama Signs Trade Measures

It was not easily accomplished, but on June 29, 2015, President Obama signed into law a series of trade measures, including Trade Promotion Authority (TPA), providing the administration with rules governing the negotiation of...more

Akin Gump Strauss Hauer & Feld LLP

President Signs into Law Trade Promotion Authority, Extension of TAA, Trade Preference Programs and Changes to US Trade Remedy Law

On Monday, June 29, 2015, President Obama signed into law a bill renewing Trade Promotion Authority (TPA) (H.R. 2146), as well as legislation reauthorizing Trade Adjustment Assistance (TAA 2015) and U.S. trade preference...more

Cozen O'Connor

The Pacific Rim Free Trade Deal

Cozen O'Connor on

President Obama’s controversial Pacific Rim free trade deal (“the deal”), a trade agreement to enhance trade and investment among 11 Asian Pacific countries to boost economic growth in the United States, has sparked...more

Carlton Fields

Cuba’s Underdeveloped Telecommunications Infrastructure Presents Opportunities

Carlton Fields on

Following changes in U.S. foreign policy toward Cuba, announced by President Obama in December 2014, U.S. government officials and industry players have begun exploring the development and expansion of Cuba’s...more

McDonnell Boehnen Hulbert & Berghoff LLP

Transparency and the Trans-Pacific Partnership Treaty

Shrouded in secrecy and spawning more than its share of dystopian conspiracy theories, the Trans-Pacific Partnership (TPP) treaty -- being negotiated by the U.S. and eleven foreign governments (Australia, Brunei, Canada,...more

King & Spalding

President Obama Presses For Advancement Of Trade Deals During State Of The Union

King & Spalding on

President Obama gave his sixth State of the Union address on Tuesday, January 20, and one of the major focuses of the speech was the importance of concluding trade agreements. The President used the occasion to call on...more

Baker Donelson

New Opportunities in Cuba for U.S. Travel and Medical Companies – Cigars but not Commerce

Baker Donelson on

After President Obama's announcement that his Administration will pursue a policy aimed at improving U.S.-Cuba diplomatic relations and ultimately eliminating the economic embargo on Cuba, the U.S. Treasury and Commerce...more

Goodwin

Important Changes to the U.S. Sanctions Against Cuba

Goodwin on

The Obama administration recently announced the most significant changes in years to U.S. sanctions against Cuba, allowing expanded travel, trade, and exchange in targeted areas....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Softening of Cuba Sanctions Opens the Way for Some Travel and Trade

As part of a broader, ongoing effort to forge closer relations with Cuba, the Obama administration has enacted a new set of regulations intended to facilitate certain forms of authorized travel to Cuba. The regulations, which...more

K&L Gates LLP

U.S. Government Implements Cuba Policy Changes

K&L Gates LLP on

On January 16, 2015, the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”), and the Bureau of Industry and Security, U.S. Department of Commerce (“BIS”), each published regulations implementing the...more

King & Spalding

The Obama Administration Revises the Cuba Sanctions Regulations to Expand Trade Opportunities While Certain Law Makers Question...

King & Spalding on

On January 15, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) released important updates to the Cuban Assets Control Regulations (“CACR”). The U.S. Department of Commerce’s Bureau of Industry...more

Foley & Lardner LLP

Treasury Department Eases Cuba Sanctions

Foley & Lardner LLP on

New Rules Open Opportunities for Exports, Financial Services, and Travel- On January 16, 2014, the U.S. Treasury Department issued new sanctions regulations easing the 54-year old Cuban embargo. Coming in the wake of...more

BakerHostetler

Where the Rubber Meets the Road: Obama Administration Announces Regulatory Amendments to U.S. Cuba Sanctions

BakerHostetler on

On January 16, 2015, the U.S. Department of the Treasury (“Treasury”) amended the Cuban Assets Control Regulations, 31 C.F.R. Part 515 (“CACR”), and the U.S. Department of Commerce amended the Export Administration...more

Morgan Lewis

Partial Relaxation of Cuban Sanctions: New Regulations Issued

Morgan Lewis on

The U.S. Department of the Treasury and the U.S. Department of Commerce have released new regulations that loosen restrictions on trade and travel with Cuba....more

Foley & Lardner LLP

Easing the Cuban Embargo: Automotive Industry Unlikely to Realize Any Immediate Benefit

Foley & Lardner LLP on

The president’s recent announcement of plans to ease the 54-year old embargo of Cuba engendered great excitement and anticipation on the part of U.S. companies eager to do business in Cuba. However, although these proposed...more

Wilson Sonsini Goodrich & Rosati

U.S. Relaxes the Half-Century-Old Embargo on Cuba

As promised by President Obama in December 2014, the Commerce Department's Bureau of Industry and Security (BIS) and the Treasury Department's Office of Foreign Assets Control (OFAC) today issued regulations that lessen the...more

Foley & Lardner LLP

Frequently Asked Questions About U.S./Cuban Policy Changes

Foley & Lardner LLP on

President Obama recently announced steps to ease the 54-year old embargo on Cuba and begin to restore diplomatic relations. The following frequently asked questions examine key issues from a policy and business perspective. ...more

Faegre Drinker Biddle & Reath LLP

Obama Administration's Shift on Cuban Policy Will Impact Travel to Cuba

Last week, President Obama announced plans for his administration to take historic steps to chart a new course in U.S.-Cuba diplomatic relations. Of the various components surrounding this ground-breaking policy approach, the...more

Holland & Knight LLP

U.S. Begins Easing Cuba Embargo: New Opportunities and Challenges - The Embargo Changes Will Most Likely Be Phased-In as Opposed...

Holland & Knight LLP on

On Dec. 17, 2014, President Obama announced the United States will re-establish normal diplomatic relations with Cuba and that certain economic sanctions will be eased. Notwithstanding the media frenzy implying that the...more

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