The UK and EU have blocking statutes which aim to protect legitimate trade with Iran, Libya, and Cuba affected by the extraterritorial application of US law.
US individuals and entities are also subject to sanctions imposed by Russia and China.
20/10/2023 — Dubai-based shipping company, Virgo Marine has filed a lawsuit against Reed Smith’s UK entity in the UK High Court, claiming $20.7 million in damages....
19/09/2023 — In accordance with its Anti-Foreign Sanctions Law (AFSL), China has announced sanctions on 2 US defence corporations for supplying arms to Taiwan (press release). ...
13/07/2023 — Yesterday the General Court of the EU confirmed the Commission's decisions authorising Clearstream Banking AG to comply with US sanctions imposed on Iran (press...
17/02/2023 — US defence companies Lockheed Martin Corporation and Raytheon Missiles & Defence have been added to China’s Unreliable Entity List over their participation in arms...
