On 6 December 2017, the Venezuela (European Union Financial Sanctions) Regulations 2017 entered into force in the UK. This regulation implements Council Regulation (EU) 2017/2063 of 13 November 2017 and provides for the imposition of restrictive measures on persons or entities considered to be involved in undermining democratic principles and the rule of law, as … Continue Reading
On 17 January 2018, the UK’s ECJU of the UK Department of International Trade updated the Consolidated Control List of Strategic Military and Dual-use Items that Require Export Authorisation. The updated list notably takes into account the changes made to the EU dual-use export control list (See Annex I of the above link).… Continue Reading
On 4 January 2018, the Export Council Joint Unit (ECJU) of the UK Department for International Trade revoked Open General Export Licences (OGELs) applicable to dual-use technology items, cryptographic development, low value shipments, and dual-use items for oil and gas exploration, as well as OGELs for Turkey. The ECJU suggested they will be replaced very … Continue Reading
On 7 November, the UK government published the Trade Bill, having introduced it to Parliament for its First Reading. Together with the Customs Bill, it is designed to give the UK the powers necessary to bring existing EU trade agreements into UK statute. The bill also establishes a new independent body called the Trade Remedies … Continue Reading