On July 8, 2026, the US Department of State announced that President Trump had notified Congress of his administration’s intent to rescind Syria’s designation as a State Sponsor of Terrorism (“SST”). The notification initiates a 45-day period that must elapse before the rescission takes effect. In the accompanying press statement, Secretary of State Marco Rubio said that “[l]ifting sanctions on Syria will unlock international trade and investment, give Syria a chance to rebuild, and open…
On June 4, 2025, the U.S. House of Representatives passed the Ukraine Support Act (H.R. 2913) (the “Act”), a broad measure that would, if enacted, (1) impose new Russia-related sanctions, (2) codify and tighten existing U.S. export controls, (3) impose duties of at least 500% on Russian imports and taxation of blocked assets, and (4) authorize additional Ukraine-related security and reconstruction measures. The bill now moves to the Senate, where its prospects remain uncertain. If…
On May 5, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License No. 58 (“GL 58”), authorizing transactions ordinarily incident to the provision of certain services in connection with potential debt restructuring of the Government of Venezuela. GL 58 provides a limited authorization for specified transactions, subject to conditions and exclusions, and reflects OFAC’s continued use of general licenses to relax US sanctions on Venezuela. Our prior blog…
In un contesto globale segnato da crescenti tensioni geopolitiche e da un ricorso sempre più esteso agli strumenti economici come leve di national security, le imprese si confrontano con un quadro regolatorio in costante evoluzione. Durante Il Milan Trade Day 2026 analizzeremo i principali sviluppi in materia di sanzioni UE e USA, export controls, dogane ed enforcement, con un focus sugli effetti concreti per le aziende italiane. Attraverso interventi mirati e aggiornamenti operativi, i professionisti…