July 12-13, 2023
Our international trade compliance lawyers from around the world reviewed major developments impacting international trade for this year’s Virtual Global Trade Conference.
Click on the links below to watch a 90 minute recorded session covering topics such as global sanctions updates including Russia, China trade restrictions and compliance, US, Canada and Mexico forced labor developments, among others.
Sanctions Update – Round the World
Speakers Alison Stafford Powell (Chair), Kerry Contini, Julia Webster, Ben Smith, Derk Christiaans, Philippe Reich and Vladimir Efremov (Partner, Melling, Voitishkin & Partners) provided updates on trade sanctions and developments globally:
US, EU, UK, Switzerland, Canada – sanctions updates and novel tools
Russia – compliance considerations and challenges in exiting/winding down and navigating ongoing business
Cloud/SaaS – changing sanctions and export control approaches
Venezuela, Myanmar, Sudan – cybercrime and other developments
WATCH OUR 2023 SANCTIONS UPDATES SESSION
Navigating and Mitigating Continuing Trade Restrictions Against China
Speakers John McKenzie (Chair), Iris Zhang, Paul Amberg, Junko Suetomi, Alison Stafford Powell and Christine Streatfeild focused on trade restrictions against China and how to navigate them:
Entity listings
Semiconductor/advanced computing rules – comparing US, EU and Japanese approaches
ICTS Regulations
Section 301 duties update
WATCH OUR TRADE RESTRICTIONS AGAINST CHINA SESSION
Complying with China’s Export Control and Countersanctions Regimes
Speakers John McKenzie (Chair), Tina Li, Ivy Tan and Iris Zhang delved on China’s export control and countersanction regimes compliance:
Navigating China’s Counter Espionage Law in due diligence, contracts, and data transfers
Unreliable Entity List update
Anti-foreign sanctions law update
China’s export control regime in force
WATCH OUR CHINA’S EXPORT CONTROLS SESSION
A Multijurisdictional Review of Enforcement and Cooperation Trends in Sanctions and Export Controls
Speakers Alison Stafford Powell (Chair), Janet Kim, Alex Lamy, Terry Gilroy and Tristan Grimmer talked about the trends in sanctions and export controls:
Sanctions enforcement around the G7
DOJ Enforcement and the New Disruptive Technology Strike Force
UK updates: OFSI adopts strict liability; due diligence standards
Focus on evasion, diversion
Anatomy of an investigation/investigation strategies and expectations
WATCH OUR TRENDS IN SANCTIONS AND EXPOERT CONTROLS SESSION
Update on Forced Labor Developments: US, Mexico and Canada, UFLPA and Lessons Learned
Speakers John McKenzie (Chair), Meredith DeMent, Eunkyung Kim Shin, Jose Hoyos-Robles, Julia Webster and Christine Streatfeild summarized forced labor developments in US, Canada and Mexico, and lessons learned for proactive management:
Comparison of developments
Navigating WROs and proactive risk management
Due diligence expectations and best practices
WATCH OUR FORCED LABOR DEVELOPMENTS SESSION IN US, CANADA AND MEXICO
Facing the future: Tackling the Confluence of Compliance Risks and Controls Through Contingency Planning
Speakers John McKenzie (Chair), Rod Hunter, Kerry Contini, Aleesha Fowler, Alison Stafford Powell and Bregt Natens rounded trade risks and controls through planning:
Outbound and inbound foreign investment restrictions
Near/reshoring supply chains
ESG compliance
Managing third party/stakeholder expectations (e.g. IT, cloud and banking providers)
Mitigating litigation risks
Finding trade opportunities – trade remedies, FTAs
