News & Analysis as of September 8, 2025

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

No Tariffs on Aerospace Products Traded Between U.S. and European Union

Knobbe Martens on 8/6/2025

On July 27, 2025, the US and EU reached a trade agreement. As part of the agreement, the US will impose a 15 percent tariff “on the vast majority of EU exports. ” President Trump signed an Executive Order on July 31...more

EU sanctions and the no re-export to Russia requirements

A&O Shearman on 2/27/2024

Who has to comply with the Regulation? The Regulation only applies to EU person exporters who are selling, supplying, transferring, or exporting the targeted goods (including aircraft) to third-country counterparts outside of...more

Chambers Global Aviation Finance & Leasing Guide 2022: Ireland

Walkers on 10/12/2022

1.1.1 Taxes/Duties Payable Upon Execution of the Sales Agreement VAT Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically...more

UK, EU and US aviation industry sanctions

White & Case LLP on 3/1/2022

Following the events in Ukraine, various measures have been put in place by the EU, the UK and the US that are expected to have a considerable impact on the aviation and aircraft financing industry. Below we give a round-up...more

The Ex-Im Bank as Biden Begins

Holland & Knight LLP on 1/20/2021

For several years, until May 2019, the Export-Import Bank of the United States (Ex-Im Bank) lacked sufficient directors to field a quorum for approval of any new commitments for transactions other than to approve short-term...more

Iran Sanctions Are Here—Breaking Down What This Means For Business

Akin Gump Strauss Hauer & Feld LLP on 11/27/2018

• As of November 5, 2018, the United States concluded the second of two wind-down periods for re-imposition of U.S. sanctions on Iran following the May 8, 2018, announcement that the United States would cease participation in...more

The Nuclear Deal With Iran: The Lifting of Sanctions and Implications for Business

BakerHostetler on 8/4/2015

On July 14, 2015, after two years of sometimes intense negotiations, the United States, the United Kingdom, France, Germany, Russia, and China (known as the “P5+1” countries), along with the European Union, signed a Joint...more

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