As we look ahead to the new year and the many changes it will bring, the Venable International Trade and Logistics Group will be issuing a series of brief client alerts previewing key trade areas and issues to watch in 2025....more
1/3/2025
/ CFIUS ,
Corporate Counsel ,
Customs ,
Customs and Border Protection ,
Economic Sanctions ,
Export Controls ,
Exports ,
Forced Labor ,
Imports ,
Legislative Agendas ,
Ocean Transportation System ,
Regulatory Agenda ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
On October 31, 2024, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued scenario-based guidance specific to the maritime shipping industry....more
11/15/2024
/ Brokers ,
Commercial Insurance Policies ,
Common Carriers ,
Compliance ,
Deceptive Intent ,
Due Diligence ,
Economic Sanctions ,
Evasion ,
Foreign Affiliates ,
Foreign Ownership ,
Freight Forwarding ,
Iran ,
Iran Sanctions ,
Maritime Transport ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Ownership Interest ,
Port Authority ,
Ports ,
Registration Requirement ,
Russia ,
SDN List ,
Shipping ,
Special Purpose Vehicles ,
U.S. Treasury ,
Vessels
As federal regulators have recently made clear, steamship lines, non-vessel-operating common carriers, indirect air carriers, freight forwarders, and others involved in the global movement of cargo must ensure that their...more
1/24/2024
/ Air Cargo ,
Air Carriers ,
Bureau of Industry and Security (BIS) ,
China ,
Common Carriers ,
Compliance ,
Department of Justice (DOJ) ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Extraterritoriality Rules ,
Freight Forwarding ,
Iran ,
Maritime Transport ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Risk Management ,
Russia ,
Shipping ,
Shipping Cargo ,
Vessels
Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more
9/28/2023
/ Australia ,
Biden Administration ,
Construction Industry ,
Defense Sector ,
Economic Sanctions ,
Energy Sector ,
EU ,
Financial Transactions ,
Foreign Policy ,
General Licenses ,
Manufacturers ,
Military Conflict ,
New Zealand ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Supply Chain ,
Technology Sector ,
UK ,
Ukraine