Deal or No Deal, Iran Sanctions will remain in Place

Deal or No Deal, Iran Sanctions will remain in Place

With the world powers set to resume meetings in Vienna this week, the question on every U.S. business person’s lips is: will this be the end of sanction on Iran?   Despite reports that neither side can afford to walk away empty-handed, prospects are slim that any change in the sanctions programs would be imm …

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Despite Fragile Peace in Ukraine, U.S. Sanctions Keep on Coming

Despite Fragile Peace in Ukraine, U.S. Sanctions Keep on Coming

On Friday, the White House issued new sanctions against Russia in response to Russian troop advances in eastern Ukraine that helped turn the tide of the conflict.  However, a fragile truce was struck a week ago between Ukraine and the separatists, and Russia is believed to have withdrawn a significant number of tro …

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As Trade War with Russia Intensifies, U.S. and EU Companies Feel the Effects

As Trade War with Russia Intensifies, U.S. and EU Companies Feel the Effects

Despite the imposition of sanctions by the U.S. and EU since March, Russia had not retaliated economically until imposing the August 7 import ban on meat, fish, vegetables and dairy products from the U.S., EU, Canada, Australia and Norway.  That move, coupled with an intensification in military posture, signaled a …

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Top Ten Takeaways from the 2014 BIS Update

Top Ten Takeaways from the 2014 BIS Update

The U.S. Commerce Department’s Bureau of Industry and Security (BIS) hosted its annual update conference from July 29-31 in Washington, DC.  Attendance was strong as always, and there was plenty to discuss about the export control reform initiative, the new sanctions on Russia, and a host of other topics.  Here are …

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Obama Beefs Up Russian Sanctions, but still no Full Monty

Obama Beefs Up Russian Sanctions, but still no Full Monty

President Obama announced yesterday the creation of the new Sectoral Sanctions Identification List (“SSI List”) issued pursuant the Russian sanctions program and the addition of two Russian energy companies and two Russian banks to that list.  This action falls short of the broader, industry-wide sanctions many U.S …

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End of the Iran Sanctions?  Not so fast…

End of the Iran Sanctions? Not so fast…

After the Joint Plan of Action (JPOA) was signed last November by Iran and the P5+1 nations, many U.S. companies asked whether they could reestablish business relationships with Iran.  That was a fair question, but unfortunately the answer was a resounding “no”.  The JPOA was designed to keep Iran at the negot …

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