|After the UK Brexit referendum of 23 June the implications on the political, economic and legal relations between the UK and the EU have been discussed from many angles. But what about...|
EU Announces Preferential Trade Treatment for Myanmar/Burma
The European Commission's proposal will provide duty-free and quota-free access to the European market for all products, except for arms and ammunitions, and will be submitted to the Council and the European Parliament for formal adoption. The EU took an initial step (as previously reported here and here) in May when its economic sanctions on Myanmar/Burma were suspended.
The EU provides "Everything But Arms" benefits to least developed countries, and the program is incorporated in the EU's "Generalised System of Preferences" (GSP). Myanmar/Burma participated in the GSP until 1997 when benefits were suspended due to its use of forced labour in violation of conventions of the International Labour Organization.
The Department of Energy (DOE) recently published its revised Part 810 Guidance on compliance with the amended Part 810 Regulations on nuclear export controls (10 C.F.R. Part 810). The 2015 ...24 June 2016
FinCEN Designates North Korea as a Jurisdiction of Primary Money Laundering Concern, Triggering Additional Due Diligence Requirements for Financial Institutions
Pursuant to the North Korea Sanctions and Policy Enhancement Act of 2016’s requirement that the Secretary of the Treasury determine whether North Korea is a jurisdiction of...16 June 2016