News & Analysis as of August 23, 2025

Trade Relations

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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 -

The EU Adopts Broad New Sanctions Against Russia, Including 17th and 18th Packages, and Belarus Sanctions Alignment Package

Hughes Hubbard & Reed LLP on 8/8/2025

The European Council ended a highly active semester on the economic sanctions front with the adoption of its 17th and 18th economic sanctions packages (Russia Sanctions Packages or Sanctions Packages) against Russia for its...more

[Webinar] Virtual Passport to Proficiency in Economic Sanctions - March 4th - 27th, 1:30 pm - 4:30 pm EST

American Conference Institute (ACI) on 1/30/2025

ACI’s virtual Passport to Proficiency Economic Sanctions features 21 hours of in-depth training led by a distinguished faculty of sanctions experts, drawn from diverse industries, the virtual event will provide in-depth...more

UK introduces new sanctions measures and extends OFSI reporting obligations

Hogan Lovells on 7/22/2022

UK Government introduces new sanctions measures and extends the reporting obligations to Cryptoasset exchange and custodian wallet providers. The UK Government has implemented new restrictions in relation to investments in...more

Global Sanctions on Russia Escalate in Response to Russia’s Continued Bloody Invasion of Ukraine

Morrison & Foerster LLP on 4/18/2022

As Russia’s bloody invasion of Ukraine nears the end of its second month, with regular reports of human rights violations, possible chemical weapons attacks, and head of state musings regarding whether this campaign amounts...more

Leaving Lugano: Is this the last chapter in the Brexit saga on jurisdiction and judgments? “Oui ou Non?”

Sullivan & Worcester on 5/10/2021

The uneasy rumblings in the media recently on whether the UK would be welcomed back by the European Union (EU) into the Lugano Convention family were confirmed on 4 May 2021, when the European Commission issued its...more

US and EU Russia Sanctions Update—overview and Energy Sector Focus (and Emerging Russian Countersanctions) – October 2020

Morgan Lewis on 10/7/2020

United States - Various threats of further broad sanctions… triggered by ongoing negative developments and perceptions in the US-Russia relationship – though new sanctions legislation seems unlikely before the 3 Nov. US...more

The UK Has Left the EU but Northern Ireland Has Stayed, More Or Less

King & Spalding on 2/12/2020

The UK will be out of the EU - The UK left the EU on 31 January. There will be a transition period during which the UK will be bound by EU law but will not have a vote or be part of EU decision-making. The transition is...more

Potential Impact of U.S.-France Trade Tension on U.S. Imports of French Products and Luxury Goods

Sheppard Mullin Richter & Hampton LLP on 2/7/2020

On December 2, 2019, the U.S. Trade Representative (USTR) announced that in response to a digital services tax law passed in France, it would be retaliating with stringent tariffs on luxury products coming from France. The...more

Financial Daily Dose 1.17.2020 | Top Story: Senate Passes USMCA by Wide Margin to Update NAFTA

Robins Kaplan LLP on 1/17/2020

While there’s plenty of other business afoot in D.C. these days, it also happens to have been a pretty big week for trade deals. A day after Phase One with China was inked, the Senate overwhelmingly approved a revised...more

Financial Daily Dose 1.10.2020 | Top Story: Ransomware Attack on Travelex Sows Chaos Across Foreign Exchange Sector

Robins Kaplan LLP on 1/10/2020

Hackers who targeted airport currency exchange mainstay Travelex in a ransomware attack on New Year’s Eve have alerted British media that they possess 5 GB of sensitive customer data from the company “since gaining access to...more

2020 Vision in the UK – A Look at the Year Ahead

Littler on 12/27/2019

Well, first of all, the UK is going to get Brexit done! What this will feel like after years of wrangling will remain to be seen. There are some reports that Boris Johnson’s newly elected government is squaring up for a...more

Global Britain 2020 and a new UK Trade policy

Hogan Lovells on 12/17/2019

What lies ahead for the UK's future trading relationship with the EU and the US? Following the Conservative Party's landslide victory in the UK general election, which Boris Johnson won on a promise to "get Brexit done",...more

EU/UK trade and customs relationship in the new N. Ireland protocol

Hogan Lovells on 10/21/2019

The EU-UK agreement reached on 17 October 2019 ("Agreement") revises the Irish backstop with a new protocol on Ireland/Northern Ireland ("NI protocol")....more

Cross-border tech M&A in a disrupted world: Challenges remain: Geopolitics and regulations can be decisive

White & Case LLP on 1/21/2019

Despite the opportunities available in the market, the changing face of global politics is exerting an increasing influence over deals. Almost half of respondents (47 percent) point to trade wars and rising protectionism as...more

UK Government Publishes White Paper on the Future Relationship Between the UK and the EU

A&O Shearman on 7/25/2018

The U.K. Government has published a White Paper setting out its approach and proposals for a future relationship between the U.K. and the EU. The Government is proposing new economic and regulatory arrangements for financial...more

8-in-8 Recent Trends in European Law and Policy Alert Series Update on Brexit and Financial Services

WilmerHale on 6/1/2018

This is the second issue of WilmerHale’s 8-in-8 Recent Trends in European Law and Policy Alert Series. Our attorneys will share insights on current and emerging issues affecting companies doing business in Europe and across...more

EU to Reactivate 1996 Blocking Regulation Against US Sanctions on Iran

WilmerHale on 5/23/2018

On Friday, May 18, the EU Commission launched the formal process to reactivate a 1996 trade defense law in response to the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program. Once...more

Africa Update - September 2015 #5

Mintz - ML Strategies on 10/2/2015

Leading the News - Burkina Faso: On September 25th, the United Nations (U.N.) Security Council issued a statement welcoming the reinstatement of President Michel Kafando and the transitional authorities of Burkina...more

Joint Plan of Action Regarding Iran's Nuclear Program Announced

Morgan Lewis on 7/16/2015

US sanctions are not immediately lifted due to the announcement. On July 14, the United States, European Union, United Kingdom, France, China, Russia, and Germany (P5+1/E3/EU+3 countries) and Iran reached a Joint...more

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