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Philippe M. Reich

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The Indian Director General of Foreign Trade, Mr Alok Vardhan Chaturvedi, has called upon industry to introduce internal compliance programs (ICP) for export controls. India’s entry into new multilateral export control regimes has presented a number of new opportunities for business, however, Mr Chaturvedi highlighted the responsibilities that are incumbent on Indian industry, which include the adoption and implementation of appropriate ICP. His comments came at the launch of the Federation of Indian Chambers of…

On 25 April 2018, the Swiss Federal Council announced that it once again tightened sanctions against the Democratic People’s Republic of Korea (North Korea) thereby implementing UN Security Council Resolution 2397 (2017). The new provisions entered into force at 6 pm on 25 April. The announcement said: Following the North Korean ballistic missile tests of 28 November 2017, which violated all previous Security Council resolutions, the UN Security Council adopted Resolution 2397 (2017) on 22 December 2017,…

On 28 March, 2018, the Federal Council adopted restrictive measures, namely an arms and repressive goods embargo and financial and travel sanctions, against Venezuela (Ordinance on Measures against Venezuela). It bans the sale, supply, export and transit to Venezuela of arms and goods which can be used for internal repression. A similar ban also applies to equipment, technology and software that can be used to monitor and intercept internet and telephone communications. Furthermore, assets have…