Please join Baker McKenzie and the Customs and International Trade Bar Association’s (CITBA) National Security and Sanctions Committee for a hybrid roundtable discussion on Tuesday, September 16, from 5:30 – 7:30 PM EDT. The discussion will focus on the current landscape of the Treasury’s inbound and outbound investment rules, including CFIUS updates and the evolving outbound screening framework, with featured panelists Rod Hunter, Partner at Baker McKenzie and Nova Daly, Senior Public Policy Advisor at…
On August 21, 2025, the European Union and United States unveiled their Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (“Framework”). The Framework follows, and provides further detail to, the July announcement that the European Union and United States had agreed on broad terms of a trade deal. The Framework outlines the key terms of the trade deal that will be negotiated between the parties, and is a first step in a process…
Since we published our blog post on the relaxation of the Syria sanctions over the weekend, there have been two more related developments this week: (1) US guidance on the Syria sanctions relaxed on Friday, May 23, and (2) the EU’s move to formally lift nearly all of its remaining sanctions on Syria. United States: Guidance on Syria Sanctions Relaxation On Wednesday, May 28, the Office of Foreign Assets Control (“OFAC”) in the US Treasury…
In less than two weeks, we have seen Syria go from one of the most heavily sanctioned countries on the planet to a country well on the road to establishing normal trade relations with the Western world. The latest flurry of developments started on May 13, 2025, when President Trump caught much of the world by surprise when he said in a speech in Riyadh: “I will be ordering the cessation of sanctions against Syria…