An overview on new Russian sanctions and export controls issued by the U.S. (OFAC and BIS) and the UK focusing on the Russian financial, military, and LNG industries.
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Supply Chains
DHS Adds Chinese Firms to Entity List for UFLPA Violations
Following the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party (“Chinese Select Committee”) request in January calling for a strengthened enforcement of the UFLPA, DHS adds 26 new entities to the UFLPA entity list.
The United States Department of Homeland Security (“DHS”) announced today the addition…
EU Parliament Approves Forced Labor Ban
Posted in Uncategorized
The European Parliament today voted overwhelmingly in favor of adopting a regulation banning all products made with forced labor from the European Union, with 555 votes in favor, 6 votes against, and 45 abstentions. The approval comes a little over a month after the Parliament and the European Council reached a deal on a draft…
EU Acts to Ban Forced Labor Imports
Posted in Forced Labor
The Council of the European Union and the European Parliament have reached a provisional deal on regulations banning forced labor in European Union supply chains. The legislative proposal supports the EU’s goals of prohibiting the use of forced labor in manufacturing, applying to both manufacturing within Europe and also to goods imported from abroad. This…
U.S. Department of Commerce Releases Text from IPEF Agreement on Supply Chains
On September 7, 2023, the U.S. Department of Commerce released the text of the Indo-Pacific Economic Framework for Prosperity (IPEF) Supply Chain Agreement three days before a U.S. delegation is set to travel to Bangkok, Thailand for the fifth negotiating round. In this round, IPEF partners will focus on Pillars I (Trade)…