Singapore: Export Controls & Trade & Investment Sanctions

In an era of heightened geopolitical tensions, economic sanctions, and natural disasters, international trade faces unprecedented disruptions. Force majeure clauses have become critical risk allocation mechanisms, yet many parties fail to understand their limitations and requirements. This analysis examines why businesses must carefully draft and review these contractual provisions to protect themselves from liabilities arising from circumstances beyond their control.

Singapore High Court judgment underlines the importance for all those involved in international trade of conducting sufficient due diligence to ensure compliance with the latest international sanctions.