On 4 December 2025, the UK Office of Trade Sanctions Implementation (“OTSI”) published a corporate report marking the first year since its launch in October 2024 (see here). Our previous blog post providing more background on OTSI’s powers and jurisdiction can be found here. The corporate report summarises OTSI’s activities during this first year, including licensing and enforcement activity, efforts to engage with businesses, collaboration with international partners and other government functions, as well as…
On October 7th, a global panel of Baker McKenzie’s trade and customs practitioners host a webinar sharing their insights on the global state of India trade relations, as well as the trends we’re seeing with respect to India trade and opportunities these present. Topics to be covered include: The webinar will take place at 4:00 PM India Standard Time / 12:30 PM CET and is scheduled to run for 1 hour. For further information and to register,…
Effective 25 September 2025, Poland has officially partially opened its border with Belarus. This move was announced by the Polish Prime Minister on 23 September 2025. From 25 September 2025, the road border crossing in Terespol (for personal movement) and Kukuryki (for commercial movement which is permitted exclusively for vehicles registered in the EU, EEA, and Switzerland) are open. Additionally, the rail border crossings in Terespol, KuĹşnica BiaĹ‚ostocka, Zubki BiaĹ‚ostockie (inactive), and SiemianĂłwka are open…
On 18 July 2025, the UK Government announced a lowering of the Oil Price Cap (“OPC”) to further inhibit Russia’s ability to use oil revenues to finance its illegal invasion of Ukraine. The OPC was first introduced in December 2022 to reduce Russia’s oil revenues in response to the invasion of Ukraine that same year. The OPC prevents G7 companies from shipping, insuring or servicing any Russian crude oil sold above the OPC price of…