On December 23, 2019, the Office of the US Trade Representative (USTR) published in the Federal Register a notice setting the US dollar procurement thresholds to implement certain US trade agreement obligations, as of January 1, 2020, for calendar years 2020 and 2021. Executive Order 12260 requires the USTR to set the US dollar procurement thresholds for application of Title III of the Trade Agreements Act of 1979, as amended (TAA; 19 U.S.C. 2511 et…
On October 2, 2019, the Office of the US Trade Representative (USTR)published in the Federal Register a notice granting additional product exclusions from $34 billion action (List 1/first tranche) assessing Sec. 301 tariffs imposed on products of Chinese origin. The notice (which had been previously posted on USTR’s website on September 27) covers additional exclusions for 92 specially prepared product descriptions, which cover 129 separate exclusion requests from the $34 billion action. USTR said it …
During a speech at the National Rifle Association convention on April 26, 2019, President Trump announced that the US would not ratify the UN Arms Trade Treaty and that his administration would ask the Senate to return the Treaty without taking action. The US had signed the Treaty in 2013 but it has not been ratified by the Senate. The White House issued a fact sheet explaining the decision. The US had been an original…
As part of its continuing efforts to isolate North Korea from the world economy, on February 23, 2018, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) announced new sanctions measures targeting North Korea’s shipping industry and issued an advisory document entitled “North Korea Sanctions Advisory,” which highlights sanctions risks in the global shipping industry.
On 21 February 2018, http://www.legislation.gov.uk/ posted SI 2018/200 – The Export Control (North Korea Sanctions) Order 2018.
On 7 November 2017, Singapore Customs issued Circular 14/2017 which announces a prohibition from 8 November 2017, of all commercially traded goods that are imported, exported, transhipped or brought in transit from or to the Democratic People’s Republic of Korea (N. Korea) through Singapore.
The Australian Department of Foreign Affairs and Trade (DFAT) invites members of the public to comment on a review of Australia’s listings of five persons pursuant to United Nations Security Council (UNSC) Resolution 1373 (2001).
In recent days, the European Union (“EU“) has implemented measures giving effect to United Nations Security Council (“UNSC“) resolutions targeting Libya’s oil sector. Additionally, the UNSC has recently sanctioned one further entity.
On 2 June 2017, the United Nations Security Council (UNSC) adopted Resolution 2356 (2017) on the DPR Korea (North Korea) which condemns in the strongest terms the nuclear weapons and ballistic missile development activities including a series of ballistic missile launches and other activities conducted by the DPRK since 9 September 2016 in violation and flagrant disregard of the Security Council’s resolutions.
On 27 January 2017, the UN Security Council adopted Resolution 2339 (2017) with respect to the situation in the Central African Republic. The Security Council decided, until 31 January 2018: