The Council of the European Union on May 28 renewed for another year its sanctions measures on Syria, also extending the humanitarian exemption in the restrictions regime. The sanctions now run until June 1, 2025, and cover 316 people and 86 entities. The humanitarian exemption was originally introduced in February 2023, following an earthquake that hit Turkey and Syria. The council also removed five deceased people and "one other individual" from the sanctions list.
Jacob Kopnick
Jacob Kopnick, Associate Editor, is a reporter for Trade Law Daily and its sister publications Export Compliance Daily and International Trade Today. He joined the Warren Communications News team in early 2021 covering a wide range of topics including trade-related court cases and export issues in Europe and Asia. Jacob's background is in trade policy, having spent time with both CSIS and USTR researching international trade and its complexities. Jacob is a graduate of the University of Michigan with a B.A. in Public Policy.
Qatar formally accepted the World Trade Organization Agreement on Fisheries Subsidies May 22, bringing to 76 the total number of countries that have accepted the deal. The WTO requires 34 more to reach the two-thirds threshold needed for the agreement to be able to enter into effect.
The U.K. reminded exporters this week that they have until June 4 to move their export declarations to the new Customs Declaration Service (CDS) platform from the Customs Handling of Import and Export Freight service. After June 4, declarations no longer can be submitted through the old service. The notice includes guidance to help companies understand how to submit a declaration through the new service and contact information exporters should use for questions.
The European Council on May 21 adopted legal measures to allow profits earned on seized Russian assets to be used to support Ukraine, the council announced May 21. The decision applies specifically to net profits from "unexpected and extraordinary revenues accruing to central securities depositories" as a result of EU sanctions on Russia.
Global law firm Dentons on May 20 announced the launch of "a comprehensive offering to support" businesses in navigating the "opportunities and challenges" from the Australia-U.K.-U.S. (AUKUS) partnership, a deal that is expected to lead to new defense trade exemptions and other business opportunities for companies from the three countries (see 2404300050, 2404180035 and 2405140038). The firm said it will help companies "participate in public-private partnership opportunities afforded by AUKUS and navigate funding, policy, and regulatory issues." Those may include issues relating to defense contracting, technology transfers, supply chain integration and new export markets, it said.
Syrian businessperson Issam Anbouba remains subject to EU sanctions after the EU General Court on May 15 sustained his listing based on criteria issued in 2023 but annulled the criteria issued in 2022, according to an unofficial translation.
The U.K. on May 17 sanctioned people and companies for their ties to Russia and North Korea, including for helping both countries evade sanctions.
The U.K.'s Office of Financial Sanctions Implementation on May 16 said it has "withdrawn" its sanctions regime on Burundi, and it's "no longer in force." The sanctions, initially issued in 2015 and last updated in July 2022, include designations for human rights abuses by those who obstructed "the search for a peacefull solution to the political situation in Burundi."
DOJ unsealed charges on May 16 against five people, including "three unidentified foreign nationals," who allegedly took part in schemes to plant information technology workers in positions at U.S. companies and "raise revenue for North Korea."
World Trade Organization members of the Working Group on Trade and Transfer of Technology elected Lithuania's Raimondas Alisauskas the 2024 chair of the group and granted the World Intellectual Property Organization "observer status," the WTO announced.