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EU Proposes Regulation to Phase Out Russian Natural Gas Imports: Key Measures and Implications

On June 17, 2025, the European Commission (“Commission”) published a proposal for a Regulation aimed at phasing out imports of Russian natural gas, enhancing the monitoring of energy dependencies, and amending existing EU...more

European Commission Initiates Consultation on New Retaliation in Response to US Tariffs

INTRODUCTION - On 8 May 2025 the European Commission announced a consultation on potential countermeasures in response to recent US tariffs on EU products. This development is part of ongoing trade tensions between the EU...more

10 Key Takeaways of the European Steel and Metals Action Plan

On 19 March 2025, the European Commission ("Commission") unveiled its European Steel and Metals Action Plan ("Steel and Metals Plan"), outlining the short and medium-term work program aimed at enhancing the competitiveness of...more

Russia/Ukraine Sanctions Update - Month of March 2025

I.  US SANCTIONS - U.S. Agrees to Help Lift International Sanctions on Certain Russian Exports: On March 25, Reuters reported that Washington has agreed “to push to lift some sanctions against Moscow.” This consideration...more

EU Announces Countermeasures Following Imposition of US Tariffs

On 12 March 2025, the United States (US) imposed tariffs of up to 25% on imports of steel, aluminium, and certain products containing steel and aluminium from the European Union (EU) and other trading partners....more

Russia/Ukraine Sanctions Update - Month of December

I.  US SANCTIONS - U.S. Department of the Treasury Designates Russian Construction Director and Issues Russia-Related General Licenses: On December 18, the U.S. Department of the Treasury’s Office of Foreign Assets Control...more

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

EU Political Agreement on Forced Labor Product Ban

On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labor on the European Union ("EU") market. While binding...more

Russia/Ukraine Sanctions Update - Month of February

I. US SANCTIONS - US Department of the Treasury Sanctions Almost 300 Individuals and Entities: On February 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned almost 300 individuals...more

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