On November 14, 2025, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) amended two general licenses and issued two new general licenses (“GLs”)authorizing limited transactions involving Open Joint Stock Company Rosneft Oil Company (“Rosneft”) and Public Joint-Stock Company Oil Company Lukoil (“Lukoil”) and entities in which they respectively own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest (collectively “Rosneft and Lukoil Entities”). Rosneft and Lukoil…
Global Affairs Canada (GAC) recently released the first formal guidance (Guidance) on compliance with and enforcement of Canada’s…
Global Affairs Canada recently issued Notice to Exporters No. 1159 codifying its longstanding positions on controlled technology and…
On 21 November 2025, Singapore’s Ministry of Foreign Affairs announced the imposition of targeted financial sanctions and entry…
Several updates were made to Japan’s export controls in November. Companies are advised to consider the relevance of…
The EU and UK have recently updated their respective lists of items subject to dual-use export controls, introducing…
Baker McKenzie’s Global Import Blog published this post on the new trade agreement framework between Switzerland, Liechtenstein, and…