Belgium: International Trade & Investment

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Article
International Carbon Credits Under The Proposed EU ETS Revision And CBAM Implementing Regulations
The European Commission's proposal to revise the EU Emission Trading System introduces a significant new element: the potential purchase of up to 260 million international carbon credits. This development, alongside parallel provisions in the Carbon Border Adjustment Mechanism, signals a cautious but meaningful shift in how the EU approaches international carbon credits. Understanding these distinct treatment mechanisms has critical implications for ETS-covered operators, EU importers, and international tra
Belgium Environment
AO
A&O Shearman
Article
EU Council Adopts 21st Sanctions Package Against Russia
The European Union has unveiled its most comprehensive sanctions package against Russia to date, targeting 216 individuals and entities across energy, financial services, and cryptocurrency sectors. With unprecedented measures including shadow fleet vessel restrictions, crypto-asset service provider bans, and enhanced legal protections for EU operators, this 21st package represents a significant escalation in economic pressure designed to disrupt Russia's war economy and close circumvention channels through
Worldwide International
SJ
Steptoe LLP
Article
Why Europe’s “buy EU” Principle Has More Opportunities For Third-country Businesses Than Might Appear
The European Union is reshaping its defense procurement landscape through new "Buy EU" policies that prioritize regional suppliers and tie funding to compliance requirements. These initiatives mark a significant departure from decades of neo-liberal procurement practices, creating both opportunities and challenges for member states and private capital firms navigating this evolving regulatory environment.
European Union Government
AO
A&O Shearman
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