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International Trade Compliance Update Newsletter – May 2023

  • The text discusses various developments in international trade and export control measures.
  • The United States has introduced new human rights and export control measures, while the UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
  • The European Union has proposed significant reforms to its customs union, while Belgium has adopted a law requiring payment service providers to keep detailed records of online transactions.
  • Finally, China has initiated a trade barrier investigation involving over 2,000 categories of Chinese products in Taiwan.
  • The text also directs readers to a sanctions blog for updates on measures against Russia.

Source Baker & McKenzie

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