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UK imposes sanctions on four individuals and one entity linked to Xinjiang

By and 1 Min Read

On 22 March 2021, the UK Government added four individuals and one entity to the Global Human Rights financial sanctions regime, in relation to alleged human rights violations taking place in Xinjiang, China. Four Chinese government officials and a Xinjiang security body have been added to the UK sanctions list and to the Office of Financial Sanctions Implementation’s consolidated list of financial sanctions targets. These measures were announced in coordination with Canada and the United States, and in parallel…

G7 Statement commits to continued Russia sanctions over Crimea

By 1 Min Read

In an 18 March 2021 statement released by the German Foreign Ministry, the Group of Seven (G7) nations have announced that they remain fully committed to the implementation of sanctions on Russia over the annexation of the Crimean Peninsula. The group’s Foreign Ministers also reaffirmed their unwavering support for and commitment to the independence, sovereignty and territorial integrity of Ukraine, and denounced

UK – New OFSI Monetary Penalty Guidance: applicable from 1 April 2021

By 2 Mins Read

On 10 March 2021, the Government published new guidance on the government processes on the issue of monetary penalties for breaches of financial sanctions (see here). This guidance applies from 1 April 2021 and from this date will replace the April 2018 guidance (see our previous blog post on this guidance here). In the interim, the current guidance will remain applicable. The updated guidance incorporates some of the lessons learned through OFSI’s monetary penalty cases since April 2018 and…

Canada opens consultation regarding future trade negotiations with the UK

By 4 Mins Read

In the March 13, 2021, Canada Gazette, Global Affairs Canada announced a consultation soliciting the views of Canadians on possible bilateral trade agreement negotiations with the United Kingdom (UK), as well as on the UK’s request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The announcement gave some background: In 2019, the UK was Canada’s third-largest destination for merchandise exports worldwide. Two-way merchandise trade amounted to $29 billion, making it Canada’s fifth-largest…

UK designates six individuals under Syria sanctions regime

By 1 Min Read

The UK has designated six individuals as subject to financial sanctions and asset freeze measures under the Syria (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/792). The designated persons are: Muhammad Bara AL-QATIRJI,Faisal AL-MIQDAD,Luna AL-SHIBL,Malik ALIAA,Yasser Hussein IBRAHIM,Zaid SALAH. Separately, two entries under the UK’s Iran (Nuclear) financial sanctions regime have been amended. These entries have been added to the UK sanctions list and to the Office of Financial Sanctions Implementation’s Consolidated list of financial sanctions targets.

US and UK suspend large civilian aircraft tariffs for four months [updated]

By 4 Mins Read

On March 4, 2021, the Office of the US Trade Representative (USTR) announced that the United States and the United Kingdom had agreed to a four-month suspension of tariffs related to the ongoing large civilian aircraft dispute. In a joint statement, the US and the UK said they are taking this action “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization.”…

CBP issues guidance on the suspension of large civil aircraft sec. 301 duties of merchandise from the UK

By 4 Mins Read

On March 10, 2021, CBP issued CSMS #46561075 – GUIDANCE: Suspension of UK Duties in Section 301 Action: Enforcement of U.S. World Trade Organization (WTO) Rights in Large Civil Aircraft Dispute, reproduced below: The purpose of this message is to provide notice of the United States Trade Representative’s (USTR) determination to temporarily suspend additional duties on products of the United Kingdom (UK) under the Section 301 Large Civil Aircraft (LCA) Dispute. The suspension is effective…

US and EU suspend large civilian aircraft tariffs for four months

By 2 Mins Read

On March 5, 2021, the USTR announced that the European Union and the United States agreed on the mutual suspension for four months of the tariffs related to the WTO Aircraft disputes. The suspension will cover all tariffs both on aircraft as well as on non-aircraft products, and will become effective as soon as the internal procedures on both sides are completed. A joint US-EU statement stated: The EU and the US are committed to reach…

US and UK suspend large civilian aircraft tariffs for four months

By 1 Min Read

On March 4, 2021, the Office of the US Trade Representative (USTR) reported that the United States and the United Kingdom issued a joint statement announcing a four-month suspension of tariffs related to the ongoing large civilian aircraft dispute. They are taking this action “to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization.” The joint statement continued: The United Kingdom ceased…

UK – Five additional designations under the UK’s Myanmar/Burma Sanctions Regime

By 1 Min Read

Following the designations announced 18 February (see our recent post), the UK has designated 5 further individuals under the Myanmar/Burma sanctions regime: Tin Aung SanMaung Maung KyawAung Lin DweMoe Myint TunYe Win Oo The UK has also updated the listing details for Min Aung Hlaing (previously designated, and remaining subject to asset freeze measures). In addition, the existing designation for Bi Sidi Souleman under the UK’s Central African Republic sanctions regime has also been amended.