Chaired by David DiBari, our panel of leading sanctions and trade controls lawyers, consisting of George Kleinfeld, Renée Latour, Michael Lyons, Lei Shi and Gerson Raiser, recently discussed the latest trends in US/EU/UK policy on economic sanctions and trade controls, including compliance and enforcement risks and issues and key potential changes under the Biden Administration.
Key points included:
- Efforts to roll-back Trump-era US secondary sanctions on Iran: the current reality and possible future developments, including a potential us return to the JCPOA
- Current US trade controls on China: the continuing impact of Trump-era sanctions and conflict of laws as China introduces new blocking measures
- US/EU/UK sanctions on Russia: future direction and possible changes
- Europe's new human rights sanctions and impact on European corporates of the existing US Magnitsky sanctions
- Post-Brexit UK sanctions: how different from EU baseline?
- Prospects for an easing of Trump-era sanctions on Cuba and Venezuela