On February 10, 2021, President Biden signed Executive Order (EO) 14014, “Blocking Property With Respect to the Situation in Burma,” which authorized the imposition of sanctions. In the EO, the President declared a national emergency to address the threat following a February 1, 2021 military coup in Burma, whereby the military overthrew the democratically-elected government and … Continue Reading
On 3 March, the Council of the EU decided to prolong sanctions against individuals responsible for the misappropriation of Ukrainian state fund. On 12 March, the Council of the EU decided to extend sanctions against those involved in compromising Ukraine’s territorial integrity. On 12 March, the Council of the EU decided to revoke the sanctions … Continue Reading
In the week of February 1, 2021, here are key developments in transatlantic trade: The EU’s COVID-19 vaccine export control mechanism is unable to escape ongoing criticism and a proposal was raised that would invoke Article 16 of the Northern Ireland Protocol, increasing UK-EU tension Lawmakers in the US attempt to move the “American Rescue … Continue Reading
OFSI, part of the HM Treasury, working toward ensuring that financial sanctions are properly implemented and enforced in the UK, has updated numerous financial sanctions that are currently in force. The recent updates are for financial sanctions in the following regions and industries: ISIL/Da’esh and Al-Qaida Organizations Nicaragua Venezuela Central African Republic Ukraine – Sovereignty and Territorial Integrity Syria Libya … Continue Reading
On 16 October, with respect to Myanmar/Burma, the Council of the EU issued a statement in which it stated that “the Council may consider additional measures if the situation does not improve but also stands ready to respond accordingly to positive developments”. In April, the EU renewed existing sanctions on Myanmar/Burma imposing an embargo on goods that might be used … Continue Reading
The EU Council has extended its sanctions targeting Burma/Myanmar by one year until 30 April 2018. The sanctions include an arms embargo and an embargo on equipment, which might be used for internal repression. Decision (CFSP) 2017/734 amends Decision 2013/184/CFSP.… Continue Reading
JASTA – Veto Imminent. Congress formally submitted the Justice Against Sponsors of Terrorism Act (JASTA; S. 2040), to President Obama last Monday. The President has until this Friday to veto the measure, as he has vowed to do. While it remains unclear whether Congress has the necessary votes – two-thirds in both chambers – to … Continue Reading
EU renews its sanctions on Burma/Myanmar until 30 April 2017. These measures impose an embargo on providing Burma/Myanmar with arms and goods that might be used for internal repression. Council Decision 2016/627 amends Decision 2013/184/CFSP. In the US, Office of Foreign Assets Control (OFAC) announced on 17 May 2016 amendments to the Burmese Sanctions Regulations as well as corresponding … Continue Reading