On August 21, 2025, the European Union and United States unveiled their Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (“Framework”). The Framework follows, and provides further detail to, the July announcement that the European Union and United States had agreed on broad terms of a trade deal. The Framework outlines the key terms of the trade deal that will be negotiated between the parties, and is a first step in a process…
At the Annual Compliance conference recently held in London, Baker McKenzie hosted a session on âThe evolving national security, sanctions and export controls landscapeâ. This session introduced the concept of the âtrade toolboxâ â a growing set of measures designed to manage national security risks through trade and investment restrictions. Speakers highlighted the increasing complexity of global compliance, particularly in relation to business relating to China, Russia, and in the Middle East. China: outbound investment,…
The Council has adopted a new decision on arms-related export controls, emphasizing the importance of responsible arms trade policies, cooperation and convergence among Member States, and the prevention of diversion to unauthorized users. On 14 April, the Council concluded its review of the EU framework for arms export control by adopting a decision (15 April 2025)[1] amending the Councilâs Common Position 2008/944/CFSP, defining common rules governing the control of exports of military technology and equipment,…
On 7 April 2025, the Dutch government announced changes to certain general licenses for transfers of dual-use and military items, as follows: These changes will be effective from 8 April 2025. Therefore, operators can no longer rely on these general licenses for transfers that are no longer covered by the respective general licenses because of the above changes. Instead, operators will need to confirm whether another general license is available (requiring a one-off prior registration…