Baker McKenzie’s Sanctions Blog published the alert titled Canada introduces an import ban on the trade of certain gold goods with Russia and designates 29 new individuals and 15 entities involved in disinformation activities on 11 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On June 30, 2022, the US Department of Commerce’s Bureau of Industry and Security announced four key policy changes to strengthen the administrative enforcement program and tackle external threats. These policy changes prioritize the “most serious violations” and cases that pose the greatest danger to US security.
The Partnership for Global Infrastructure Initiative (PGII) was launched in June 2022 at the G7 Summit in Germany. The PGII is a USD 600 billion lending initiative to fund infrastructure projects in the developing world, with a particular focus on Africa. One of the aims of the initiative is to help address the massive infrastructure investment gap in Africa.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Introduces Additional Sanctions with respect to Russia, Ukraine and Belarus on 4 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The use of endorsements and reviews in advertising continues to be an area of active Federal Trade Commission (FTC) enforcement. The FTC has proposed updates to its Endorsement Guides to strengthen advertising guides related to endorsements and reviews.
Baker McKenzie’s Sanctions Blog published the alert titled US Government Sanctions More than 100 Russia-Related Parties and Prohibits the Import of Russian Gold in Coordination with G7 Allies on 1 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled BIS Adds to Entity List and Imposes License Requirement for Food/Medicine to Russian/Belarussian Military End Users; Commerce Charging Letters to Become Public on 1 July 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The Uyghur Forced Labor Prevention Act took effect on June 21, 2022, and establishes a rebuttable presumption that all goods mined, produced, or manufactured wholly or in part in Xinjiang, China, or by entities identified on the “UFLPA Entity List,” are made with forced labor and prohibits them from entry into the United States under Section 307 of the Tariff Act of 1930.
On June 13, 2022, US Customs and Border Protection issued the long-awaited Uyghur Forced Labor Prevention Act Operational Guidance for Importers. The UFLPA requires CBP to apply a presumption that imports of all merchandise mined, produced, or manufactured wholly or in part in Xinjiang, China, or by entities identified on the “UFLPA Entity List,” are presumed to be made with forced labor and are prohibited from entry into the United States under Section 307 of the Tariff Act of 1930.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Issues New FAQs on Export Ban on Certain Services on 14 June 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.