EU defines scope of expanded Iran sanctions, including new natural gas,...
On 21 December 2012, the Council of the European Union (EU) adopted the EU-wide legislation clarifying important details of the expanded sanctions measures already agreed by the Council in broad terms...
View ArticleEU-US move towards launch of FTA negotiations
In a joint EU-US statement, US President Obama, European Council President Van Rompuy and EU Commission President Barroso have recently announced the initiation of procedures to launch negotiations...
View ArticleNew EU GSP regime: New Regulations Relating to Graduated Products,...
I. Introduction - Following entry into force of the Regulation introducing the new EU Generalised Scheme of Preferences (GSP) regime – Regulation 978/20121 – the EU has recently adopted and published...
View ArticleEU updates sanctions measures against Syria, North Korea and Zimbabwe
I. Introduction - The EU has updated its sanctions measures against Syria, North Korea and Zimbabwe. For Syria, the Council has renewed its sanctions for a further three months, while introducing...
View ArticleEU lifts sanctions against Burma/Myanmar, eases measures against Syria and...
I. Introduction - The EU has updated its sanctions measures against Burma/Myanmar, Syria, North Korea and Libya. For Burma/Myanmar, the Council has decided to lift all economic sanctions, while keeping...
View ArticleEU renews sanctions against Syria (except the arms embargo), and...
I. Introduction - The EU has renewed its sanctions against Syria until 1 June 2014, with the exception of the arms embargo. For Belarus, the Council has decided to delist three parties from the asset...
View ArticleEU outlines preliminary goals in connection to first TTIP round
Last week, the EU and US met for the first round of negotiations of a Transatlantic Trade and Investment Partnership (TTIP) Agreement. In statements following the closing of this round, chief...
View ArticleEuropean Union publishes new Union Customs Code
On 9 October 2013, the European Union (EU) adopted the Union Customs Code (“UCC”), which was published in the EU Official Journal the following day. It will on 1 June 2016 replace the current Community...
View ArticleNew EU procedures for trade defence measures agreed
The Council and European Parliament recently agreed on new procedural rules for the adoption of trade defence measures (i.e. anti-dumping, antisubsidy, and safeguard measures) by the European...
View ArticleEU GSP – China, Thailand, Ecuador, Maldives losing GSP benefits; GSP Plus...
The EU’s new Generalised Scheme of Preferences (GSP) regime started to apply on 1 January 2014; recently, some key announcements were made relating to removal of certain GSP beneficiary countries and...
View ArticleEU partially suspends Iran sanctions under nuclear deal
I. Introduction - On 20 January 2014, the Council of the European Union (EU) agreed to temporarily suspend certain sanctions against Iran, namely those relating to (re)insurance and transport services...
View ArticleEU responds to Ukrainian crisis by imposing asset freeze on 18 politicians,...
I. Introduction Following a promise by the Council of the European Union (EU) on 20 February 2014 to impose various restrictive measures against Ukraine in response to the deteriorating political...
View ArticleEU imposes sanctions on 21 politicians and military officers from Russia and...
In response to the Crimea crisis, the EU Council decided to impose sanctions against individuals in Russia and the Crimea in the form of an asset freeze targeting persons responsible for actions which...
View ArticleEU adds 12 individuals (politicians, military and one journalist) to Ukraine...
As a further response to recent developments in Crimea, the EU today added another 12 names to the existing list of individuals in Russia and Crimea subject to a visa ban and asset freeze. These...
View ArticleEU expands Ukraine-related asset freeze list to four more persons, work on...
In an attempt to strengthen European Union (EU) sanctions targeting misappropriation of Ukrainian state funds, the EU has added another four names to the existing list of individuals subject to an...
View ArticleEU adds 15 persons to Ukraine related asset freeze list and travel ban, but...
In response to the most recent developments in the Crimea crisis, the EU Council decided on 28 April 2014 to add another 15 individuals to the EU’s asset freeze list and travel ban. The names have been...
View ArticleThe United States Designates Seven Russian Individuals and Seventeen...
Further Sanctions Designations: On April 28, 2014, the US Office of Foreign Assets Control (“OFAC”) issued further designations under Executive Order 13661 (“EO 13661”). EO 13661, which was signed on...
View ArticleEU broadens Ukraine sanctions and adds two companies and 13 individuals to...
On 12 May 2014, the EU Council broadened the scope of EU sanctions in response to the situation in Ukraine. The legal basis for EU sanctions was broadened notably to cover obstruction of the work of...
View ArticleEU publishes TTIP negotiating positions for five key sectors to increase...
On 14 May 2014, in the run-up to the fifth negotiating round taking place 19-23 May 2014 in the US, the European Commission has published its negotiating position in the ongoing Transatlantic Trade and...
View ArticleThe United States Designates Seven Individuals Under Executive Order 13660...
On June 20, 2014, the US Office of Foreign Assets Control (“OFAC”) issued further designations under Executive Order 13660 (“EO 13660”). EO 13660, which was signed on March 6, 2014, authorizes the...
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