On August 5, 2019, President Trump issued Executive Order 13884 (“Venezuela EO”) blocking all property of the Government of Venezuela (“GOV”), a significant escalation of sanctions against the regime of President Maduro. Statements issued by the White House and State Department indicate that this escalation is meant to target the Maduro regime for its continued abuses…
October 2018 The state of United States (US), European Union (EU), and other sanctions regimes is in flux like never before, with significant implications for Middle East trade and finance. US sanctions against Iran are increasing following the US withdrawal from the Iran nuclear deal (the 2016 Joint Comprehensive Plan of Action (JCPOA)),…
Baker McKenzie is pleased to invite you to interactive seminars in Abu Dhabi and Dubai in October 2018 to discuss the implications of recent US and EU sanctions on international trade.
On May 8, 2018, President Trump announced that the United States will be withdrawing from the Joint Comprehensive Plan of Action (“JCPOA”), culminating months of uncertainty around the fate of the Iran nuclear deal. Furthermore, President Trump announced that the United States would re-impose nuclear sanctions against Iran.
Last month, the US Senate passed significant Russia sanctions legislation. Last Friday, the Senate and House of Representatives reached agreement to advance the bill. The House approved the bill yesterday.
On 7 October 2016, President Obama issued an Executive Order terminating US sanctions targeting Myanmar.