Sanctions Monthly Update – July 12, 2021

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Course Duration: 10 minutes
Course Points: 10

International sanctions lawyer, Nick Turner, Of Counsel with Steptoe and Johnson LLP provides a monthly round-up of the recent developments in economic sanctions in June and early July 2021.

Updates covered by Nick:

  • Passage of the Anti-Foreign Sanctions Law by the National People’s Congress Standing Committee in China
  • US government package on Xinjiang related measures focused on the solar industry and Withhold Release Order issued by the Customs and Border Protection
  • Updates on coordinated sanction on Belarus including sectoral sanctions imposed by the European Union
  • New set of sanctions imposed by the UK, European Union, Switzerland and the US on Myanmar
  • General licenses issued by OFAC in June for Covid-19 relief specifically in Venezuela, Iran and Syria
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