News & Analysis as of July 25, 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 -

Unpacking the U-Turn: What the Syria Sanctions Repeal Really Means

Sheppard Mullin Richter & Hampton LLP on 7/22/2025

The United States has taken a historic step by terminating the Syria Sanctions Program, marking the most significant shift in U.S. foreign policy towards Syria since the fall of the Assad regime. In our earlier post, we...more

Trump Administration Issues Broad Sanctions Relief for Syria, Effectively Lifting 14 Years of Comprehensive Economic Sanctions –...

Morrison & Foerster LLP on 6/12/2025

On May 23, 2025, 10 days after President Trump announced his directive to lift U.S. sanctions on Syria during his visit to Saudia Arabia last month, the U.S. Department of the Treasury’s Office of Foreign Assets Control...more

A New Day for Syria: Trump Administration Relaxes Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP on 6/6/2025

On May 23, 2025, the Trump administration issued a general license (GL) significantly relaxing the patchwork of restrictions on Syria, long a jurisdiction subject to comprehensive sanctions. This regulatory action followed a...more

Syria-ous Changes for Middle East Business? The United States, UK, and Europe Relax Sanctions on Syria

Sheppard Mullin Richter & Hampton LLP on 5/30/2025

In a significant shift in international policy, the United States, European Union, and United Kingdom have each taken steps to ease sanctions on Syria, aiming to support the country’s reconstruction and political transition...more

The Big Bang? European Commission unveils proposals to support surge in defence spending, reduce reliance on third countries

White & Case LLP on 4/8/2025

On 19 March 2025, the European Commission unveiled new draft measures to help Member States ramp up defence spending by 2030 among mounting concerns about Europe's security. The proposals reflect a renewed push to coordinate...more

EU Geopolitical Risk Update - Key Policy & Regulatory Developments No. 119

Jones Day on 2/12/2025

This regular alert covers key policy and regulatory developments related to EU geopolitical risks, including in particular, economic security, Russia’s war against Ukraine, health threats, and cyber threats. It does not...more

National Security Act of 2024 extends statute of limitations for sanctions violations to 10 years

Eversheds Sutherland (US) LLP on 4/29/2024

The measure also harmonizes Russia sanctions rules with allies, and intensifies penalties against Iran - The National Security Act, 2024 (Pub. L No 118-50) was enacted on April 24, 2024. In addition to the Act’s provisions...more

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