News

European Union reintroduces (but temporarily suspends) tariff countermeasures against U.S. restrictions

In response to the U.S. administration's decision to reintroduce and expand duties on steel and aluminum, the European Commission has adopted a package of trade rebalancing measures. The aim is to compensate proportionately for the damage suffered ...

Customs: updated TARIC Codes for exceptions and authorizations on EU sanctions against Russia

On February 26, 2025, the Italian Customs and Monopolies Agency (ADM) published a notice to economic operators announcing certificates that integrate into TARIC the restrictions introduced by the 16th sanctions package against the Ukrainian ...

New restrictive measures against Belarus

On February 24, 2025, an addition to the sanctions program against Belarus was published in the Official Journal of the European Union. The new restrictive measures fall under: Council Regulation (EU) 2025/392, amending Regulation (EC) 765/2006 ...

Publication of the new sanctions package against certain areas of Ukraine, Crimea, and Sevastopol

Alongside the adoption of the so-called “sixteenth sanctions package” implemented by the European Union against Russia, the Official Journal of the European Union published a new package of sanctions targeting the ...

EU: updates on sanctions

On January 27, 2025, the Foreign Affairs Council—the periodic meeting of the foreign ministers of EU Member States—was held in Brussels. During the meeting, the Council adopted a series of decisions on the Common Foreign and Security Policy ...

New U.S. restrictions on exports of advanced AI technologies

On 13 January 2025, the U.S. administration announced a significant update of export control regulations for advanced artificial intelligence (AI) technologies, intensifying restrictions on products of high strategic value. The measure aims to ...

US sanctions major Russian financial institutions

The United States introduced additional sanctions against Russia in order to further restrict the country’s ability to access the international financial system. The new designations have also significant consequences for European companies ...

EU widens restrictive measures towards Iran

On 18 November 2024, the Council of the European Union widened the scope of the EU framework for restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the ...

United States: latest updates on sanctions

We report below on the most significant new developments in US sanctions, including a document released by the Bureau of Industry and Security on the tools available to authorities to monitor compliance with sanctions and export control ...

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