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US Imposed Sanctions

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The Baker McKenzie International Commercial and Trade team is delighted to invite you to watch our latest mini webinar series on some key recent trade developments. This webinar covering the recent sanctions against the regime in Belarus will last only 30 minutes, and is intended to give you an overview of the developments, and the key takeaways to ensure compliance by your business. See below for more details. Belarus Sanctions The US, the EU, the…

On July 2, 2021, the US Government imposed sanctions on several military-affiliated entities and individual senior officials and certain family members in response to the February military coup in Burma (Myanmar). In a statement on the same day, the US State Department said that these “measures further demonstrate that [the US Government] will continue to take additional action against, and impose costs on, the [Burmese] military and its leaders until they reverse course and provide…

On June 8, 2021, President Biden signed Executive Order 14033 “Blocking Property and Suspending Entry Into the United States of Certain Persons Contributing to the Destabilizing Situation in the Western Balkans” (“EO 14033”), expanding the sanctions regime related to the Western Balkans. The White House also issued a fact sheet that details the US administration’s policy goals. US State Secretary Antony Blinken also issued a statement emphasizing the role that EO 14033 serves in modernizing…

On 21 June 2021, the EU and UK announced coordinated sanctions against specified Belarusian individuals and entities. This follows the forced landing of a commercial aircraft in Belarus and subsequent detention of a Belarusian journalist, and suggests that the UK is continuing to align its sanctions regime with key allies following Brexit. The sanctions were further coordinated with the US and Canada. The designated parties will be subject to asset freezes, whilst individuals will be…