China has issued two State Council decrees that further develop its legal and institutional framework for responding to foreign measures applied on an extraterritorial basis and for safeguarding the security of industrial and supply chains. Both decrees operate alongside existing instruments, including the Anti‑Foreign Sanctions Law (“AFSL”), China’s blocking rules, and the Unreliable Entities List (“UEL”) regime. Taken together, they further clarify how China approaches conflicts arising from foreign sanctions, export controls, and other extraterritorial…
In un contesto globale segnato da crescenti tensioni geopolitiche e da un ricorso sempre più esteso agli strumenti economici come leve di national security, le imprese si confrontano con un quadro regolatorio in costante evoluzione. Durante Il Milan Trade Day 2026 analizzeremo i principali sviluppi in materia di sanzioni UE e USA, export controls, dogane ed enforcement, con un focus sugli effetti concreti per le aziende italiane. Attraverso interventi mirati e aggiornamenti operativi, i professionisti…
Against a backdrop of rising geopolitical tensions and the growing use of economic measures as tools of national security, companies are facing an increasingly complex and fast‑moving regulatory environment. Milan Trade Day 2026 will examine key developments relating to EU and US sanctions, export controls, customs and enforcement, focusing on their practical impact on Italian businesses. Through targeted sessions and operational updates, Baker McKenzie professionals will assess risks, liabilities and opportunities, providing practical guidance to…
On April 14, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License Nos. 128C and 130A (“GL 128C” and “GL 130A”, respectively), further extending prior authorizations relating to certain transactions involving certain subsidiaries of Public Joint‑Stock Company Oil Company Lukoil (“Lukoil”). As with earlier iterations, these general licenses permit limited, time‑bound transactions to proceed notwithstanding the designation of Lukoil and certain affiliates as Specially Designated Nationals (“SDNs”). We…