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U.S. revises sanctions against Iraq and Zimbabwe
On 21st May 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it is amending the...
OFAC recent actions: Iran nuclear-related waiver and shipping guidance
On 27th May 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new Frequently Asked Question...
EU export restrictions on personal protective equipment not extended
The end date of EU Regulation 2020/568 (reported on here), which introduced an obligation to submit a license for the export of personal...
U.S. further restricts Huawei exports and extends temporary general license
On 15th May 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced that it will further restrict...
European Commission imposes additional customs duties on EU imports originating in the US
Effective 8th May 2020, the European Commission has implemented regulation 2020/502 of 6 April 2020 on “certain commercial policy...
European Commission publishes coronavirus-related guidance regarding humanitarian aid
On 12th May 2020, the European Commission announced that it has published guidance on how coronavirus-related humanitarian aid can be...
OFAC removes Venezuela-related General License 13E involving Nynas AB
On 12th May 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) revoked Venezuela-related General License...
BAFA publishes new overview of country-specific embargoes
As of 28 April 2020, Germany’s “Bundesamt für Wirtschaft und Ausfuhrkontrolle” (BAFA) has published a new overview of country-specific...
BAFA announces new general license in accordance with France-Germany agreement
In October 2019 the Federal Republic of Germany and the French Republic agreed on defense export controls, following the German-French...
U.S. issues new executive order regarding bulk-power
On 1st May 2020, U.S. President Trump signed an Executive Order entitled “Securing the United States Bulk-Power System” (E.O. 13920)....
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