Our clients across every industry are asking us what we expect to happen with the Russia sanctions under the Trump Administration. Will President Trump relax the Russia sanctions, and if so, when? All or only some of them? Or will President Trump ramp up the Russia sanctions to put pressure on Russia to agree to a peace deal with Ukraine? Will Congress get involved, and how? We will be tackling these questions and more in…
Baker McKenzie’s Global Trade and Sanctions Practice will be hosting a webinar on the possible developments in US, EU and UK Russia sanctions policy that may occur over the coming months.This 45-minute webinar will take place Wednesday, 19 March 2025 at 3:00 PM CET / 10:00 AM EDT.It has been reported that the Trump administration has asked the US State and Treasury departments to provide a list of sanctions that could be eased as part of a plan…
On February 24, 2025, the Government of Canada announced further amendments to the Special Economic Measures (Russia) Regulations (“the Russia Regulations”). These amendments list an additional 44 entities and 32 individuals, both Russian and non-Russian, in Schedule 1 of the Russia Regulations. The designated entities and individuals include those who support Russia’s military-industrial complex, facilitate the transport of military equipment within Russia, or are associated with the unlawful deportation and forced transfer of Ukrainian children…
On February 20, 2025, the US Department of State designated several international cartels and transnational criminal organizations as Foreign Terrorist Organizations (“FTOs”) pursuant to section 219 of the Immigration and Nationality Act and as Specially Designated Global Terrorists (“SDGTs”) pursuant to Executive Order (“EO”) 13224. These parties have been designated for “threaten[ing] the safety of the American people, the security of the United States, and the stability of the international order in the Western Hemisphere,”…