News & Analysis as of

Trade Restrictions Foreign Policy

Davis Wright Tremaine LLP

Demystifying U.S. Antiboycott Requirements - An enhanced focus on enforcement brings easily overlooked regulations around...

Tucked away between the many export-focused provisions of the Export Administration Regulations ("EAR") is the easily overlooked Part 760, which addresses "Restrictive Trade Practices or Boycotts." It is comprised of (1)...more

K&L Gates LLP

Between a Rock and a Hard Place: The Sanctions Climate for Foreign Investment in Russia - Part I of II

K&L Gates LLP on

Russia’s invasion of Ukraine and subsequent revelations of alleged atrocities in territories previously controlled by Russia have had a global impact. Dozens of foreign countries (States) have imposed a wide variety of...more

Pillsbury - Global Trade & Sanctions Law

Latest EU and UK Trade Sanctions Against Russia and Belarus

EU introduces a fifth package of measures - New asset freezes - On 8 April 2022, the EU published a fifth round of measures against Russia and Belarus. Spread across four regulations, the new measures include additional...more

Hogan Lovells

Foreign commercial activities in Russia: Analyze risks and consider consequences now

Hogan Lovells on

For those enterprises that have or had ongoing business arrangements and investments in Russia, now is the time to assess and fully understand risks entailed –whether electing to stay in Russia, to withdraw, or to curtail...more

Venable LLP

Update: U.S. Ramps Up Pressure Against Russia with New Round of Sanctions and Export Controls

Venable LLP on

On Friday, March 11, 2022, President Biden, in coordination with G7 leaders in the United Kingdom, European Union, Canada, and Japan, announced another round of economic actions aimed at further isolating the Russian economy...more

K&L Gates LLP

New U.S. Sanctions on Russia and Belarus Impose Trade and Investment Restrictions on Luxury Goods and Russia's Energy Sector

K&L Gates LLP on

As an update to K&L Gates’ previous alerts of 24 February and 25 February, U.S. President Joe Biden issued two executive orders (EOs) last week imposing additional sanctions against Russia. The first order, EO 14066, issued...more

The Volkov Law Group

United States and Allies Announce Further Sanctions Against Russia Targeting Access to the SWIFT System

The Volkov Law Group on

In a significant step, on Saturday, February 26, 2022, the United States and leaders of the European Commission, France, Germany, Italy, the United Kingdom, and Canada announced additional sanctions against key Russian...more

Snell & Wilmer

Biden Administration Expands Upon Trump Administration’s Chinese Military Investment Ban

Snell & Wilmer on

On June 3, 2021, President Biden signed an executive order to “solidify and strengthen” a Trump-era executive order prohibiting investment in certain companies with ties to the Chinese military. The purpose of the order is to...more

Orrick, Herrington & Sutcliffe LLP

New Trade Controls Targeting Russia

In March 2021, three federal agencies promulgated international trade restraints as part of the Biden Administration’s response to alleged mistreatment of Russian opposition leader Alexey Navalny in 2020. Specifically, the...more

ArentFox Schiff

BIS Imposes Additional Cuba Trade Restrictions and Restricts Use of Temporary Sojourn License Exception for Multiple Countries

ArentFox Schiff on

BIS has restricted Cuba’s access to commercial aircraft and other goods, lowered de minimis for foreign items containing US content to 10%, and restricted the temporary sojourn by aircraft in Iran, Syria, Sudan, and North...more

White & Case LLP

United States Expands Venezuela Sanctions, Targets PdVSA

White & Case LLP on

On January 28, 2019, the Department of the Treasury's Office of Foreign Assets Control (OFAC) designated Petróleos de Venezuela, S.A. (PdVSA) on the List of Specially Designated Nationals and Blocked Persons (SDN List). PdVSA...more

Bass, Berry & Sims PLC

Update on Russia: Restrictions Expanded to New Actors, Industries

Bass, Berry & Sims PLC on

• Economic sanctions and export restrictions extended • Russian investment in United States likely subject to heightened scrutiny • Diligence on Russia transactions and business partners is essential to ensure...more

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