Search for:
Category

Sanctions

Category

In early March of this year, a bipartisan group of members of the House Armed Services Committee formed the Defense Critical Supply Chain Task Force (the “Task Force”). Co-chaired by House Democrat Elissa Slotkin (Michigan) and Republican Mike Gallagher (Wisconsin), the Task Force was formed to address what has been perceived as U.S. overreliance on vulnerable defense supplies manufactured in other countries, such as China.

In the recent flurry of US Government activity related to Xinjiang, one thing is clear: trade compliance risks continue to increase for companies with supply chains that involve Xinjiang. These latest actions add to the expanding list of companies that face import bans, export bans, and sometimes both, in addition to broader measures under consideration in Congress. This blog post summarizes the past month’s developments.

On 12 July, the European Commission and the European External Actions Service published guidance on “due diligence for EU businesses to address the risk of forced labor in their operations and supply chains.” The non-binding guidance seeks to provide European companies with practical advice on the implementation of effective human rights due diligence practices to address forced labor risks in their supply chains.

The Ministry of Trade has issued Minister of Trade Regulation No. 59 of 2020 (“Regulation 59”) which is an amendment to Minister of Trade Regulation No. 118/M-DAG/PER/12/2015 on Import Provisions for Complementary Goods, Goods for the Purpose of Market Testing, and After-Sales Service (“Regulation 118”).

The Thai Customs Department has launched a Customs Trader Portal, an online web application that gives business operators a convenient option to register as an importer, exporter, and an operator who conducts customs formalities. This platform, implemented on 1 July 2021 for Thai individuals, is more aligned with the current digital economy. It also provides a third registration option for Thai individuals to register as customs formality operators. Previously, there were only two methods manual and E-customs.

Since the end of the Brexit transition period on 31 December 2020, there has been significant uncertainty regarding the practical application of the UK’s international commitments on subsidy control. However, on 30 June 2021, the Government outlined its main legislative proposals for a new UK subsidy control regime. It introduced its long-awaited Subsidy Control Bill to Parliament, published a number of policy papers and provided a response to the public consultation that ran from 3 February to 31 March this year.

The Virtual Global Trade Conference is a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade, in nine one-hour sessions which took place from 13 to 15 July 2021.