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On November 9, 2020, the Office of the United States Trade Representative (USTR) published in theĀ Federal RegisterĀ aĀ noticeĀ announcing the results of the 2020 Annual Generalized System of Preferences (GSP) Review with respect to: products considered for the addition to, and removal from, the list of eligible products for certain beneficiary countries;…

We are pleased to announce the release of the Global Oil & Gas Survey: Response to the Oil Price Crisis.

This multijurisdictional survey current to Q4 2020 summarizes the response of 24 key oil producing jurisdictions to the 2020 oil price crisis and the drop in demand resulting from the COVID-19 pandemic. For each of these jurisdictions our Baker McKenzie oil & gas experts have outlined the government’s response to the crisis, the ensuing sector vulnerabilities, as well as certain critical issues to watch out for — including the implications for the energy transition for each country. An interactive map enables clients to easily access jurisdictions of particular interest.

On October 29, 2020, the Commerce Department’s Bureau of Industry and Security (BIS) issued aĀ final ruleĀ (the ā€œfinal ruleā€) amending the license review policy under the Export Administration Regulations (EAR) for items controlled for national security (ā€œNSā€) reasons when destined to China, Russia, or Venezuela. The amendments add Venezuela to the…