The EU Commission has issued a factsheet shedding light on the relationship between Incoterms and EU sanctions compliance. It makes clear that the Incoterms “Ex Works” rule—which shifts responsibility and risk to the importer/buyer from the moment of collecting the goods—does not exempt EU-based exporters or sellers from their legal obligations under EU sanctions law. The Commission underscores that adherence to EU sanctions is mandatory for all individuals and entities under EU jurisdiction, regardless of…
Baker McKenzie Luxembourg will be holding a breakfast seminar on Thursday, 5 June 2025 at 8:30 am CET at the Baker McKenzie Luxembourg office. During this session, attendees will learn about the challenges that counsel may face in representing sanctioned clients following the prohibition on legal advisory services and the courts’ decision to protect sanctioned clients’ right to a fair trial. Our experts will also discuss the challenges in arbitration related to economic sanctions and potential…
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…
We recently held a webinar on Navigating the Transposition of the New EU Sanctions Directive: Current Status and Future Implications.The session covered how the new EU Sanctions Directive is being implemented across member states, outlining key legal changes and enforcement trends. The session also provided practical guidance on how companies can prepare for increased enforcement risk and adapt their compliance programs accordingly.You may view the webinar recording on demand here. You may also view upcoming webinars in…