Belgium: Export Controls & Trade & Investment Sanctions

The European Union has adopted a targeted "mini" sanctions package against Russia, introducing 87 new designations across multiple regimes while creating a specific derogation for transactions with Chinese chip trader Yangzhou Yangjie Electronic Technology Co., Ltd. This rolling sanctions approach marks a shift in EU strategy, targeting entities across eight jurisdictions including China, UAE, and Turkey, while addressing supply chain disruptions caused by previous designations.

Reuters is reporting that three individuals have today been convicted of Russian sanctions offences.

The European Union has adopted its 20th package of sanctions against Russia, alongside parallel measures targeting Belarus, marking a significant escalation in economic pressure.

On 1 April 2024, both the European Commission (the Commission) and the UK Competition and Markets Authority (CMA) fined major car manufacturers and trade associations for participating in a 15-year long cartel concerning end-of-life vehicle recycling.

Bruxelles a franchi une étape décisive dans l'application du Digital Markets Act (DMA) en annonçant ses premières sanctions financières dans le cadre de ce règlement. Malgré un climat diplomatique tendu avec Washington...

On 24 February 2025, marking the third year of the Russian invasion of Ukraine, the European Union ("EU") adopted the 16th package of sanctions against Russia, correspondingly...

EU imposes 10th sanctions package and new sanctions from US and UK.

Further to our previous sanctions newsletters we herewith inform about recent sanctions developments, following the Council's adoption of the ninth sanction package on 16 December 2022...

The price cap for "discount to crude" oil is set at USD 45 per barrel, while the price cap for "premium to crude" is set at USD 100 per barrel.