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Baker McKenzie Seminars: Impact of recent US and EU sanctions on international trade

By 3 Mins Read

The state of United States (US), European Union (EU), and other sanctions regimes is in flux like never before, with significant implications for Middle East trade and finance. US sanctions against Iran are increasing following the US withdrawal from the Iran nuclear deal (the 2016 Joint Comprehensive Plan of Action (JCPOA)), with the first set of US sanctions re-imposed in August 2018, and another set looming in November 2018. Many companies are set to withdraw from Iran and the future of the JCPOA is in question.

Meanwhile, the US is increasing sanctions against Russia related to its destabilizing activities in the region, with the EU anticipated to follow suit. Russia is fighting back with countermeasures that seek to prevent compliance with both US and EU sanctions.

Baker McKenzie is pleased to invite you to interactive seminars in Abu Dhabi and Dubai in October 2018 to discuss the implications of these sanctions for international trade, as part of our global Sanctions Roadshow, a series of interactive seminars being conducted around the world. Speakers include sanctions experts from the US, EU and Middle East, highlighting:

  • the US sanctions against Iran, EU blocking measures to prevent US sanctions compliance, and the future of the JCPOA;
  • the latest US sanctions against Russia, the EU’s possible next moves, and Russian countermeasures;
  • an update on the economic boycott of Qatar, and
  • other hot topics in sanctions compliance, particularly for those operating in the Middle East.

Our Sanctions Roadshow seminars are all free to attend – please click on the links on the right to register for the UAE events. If you have any queries or would like a schedule of our global Sanctions Roadshow, please do not hesitate to contact Jenny Medina.

One-to-one meetings
Our lawyers will be available for one-to-one meetings in Abu Dhabi on 2 October and in Dubai on 3 October to discuss specific trade-related issues you may have. Please contact UAE.BD@bakermckenzie.com if you wish to set up a personal appointment as the number of meetings will be limited.

 

About this event

Date: 2 October 2018, Abu Dhabi

Agenda
8:30 am    Registration
9:00 am    Interactive seminar
10:30 am  Q&As
11:00 am  Seminar ends

Location
Baker McKenzie Habib Al Mulla
Level 8, Al Sila Tower
Abu Dhabi Global

ABU DHABI
2 October 2018
Register Here

Date: 3 October 2018, Dubai

Agenda
8:30 am    Registration
9:00 am    Interactive seminar
10:30 am  Q&As
11:00 am  Seminar ends

Location
The Capital Club
Gate Village, Building 3
Dubai International Financial Centre
Dubai, UAE

DUBAI
3 October 2018

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Author

Kerry Contini is a partner in the Firm’s Outbound Trade Practice Group in Washington, DC. She has served as co-chair of the Firm's Pro Bono committee for several years and has managed award-winning pro bono work involving Baker McKenzie professionals in North America, Europe and Asia. She has written on export controls and trade sanctions issues for several publications, including The Export Practitioner and Ethisphere. Kerry is a co-chair of the Export Controls and Sanctions Section of the Association of Women in International Trade. She joined the Firm as a summer associate in 2005 and became a full-time associate in 2006.

Author

Inessa Owens is an associate in the Washington, D.C. office and member of the Firm’s International Trade practice group. She focuses on outbound trade compliance issues, including compliance with the Export Administration Regulations, anti-boycott rules, and economic sanctions administered by the US Treasury Department’s Office of Foreign Assets Control, including those targeting Cuba, Iran, North Korea, Syria, and Russia. She has worked with clients in diverse industries that include finance, pharmaceuticals, and energy.

Author

Author

Matthew Shanahan is a partner in the Dubai office of Baker McKenzie Habib Al Mulla and a member of the Firm's Banking & Finance Practice Group. Having worked for three years at the UK Financial Services Authority and seven years in the legal division of the Dubai Financial Services Authority (DFSA), he has extensive experience of financial services regulators, and financial services regulatory regimes.

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