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Over the past year, the Trans-Pacific Partnership Agreement (“TPP”) has been the subject of intense debate and considerable international press. Understandably so as TPP represents intense efforts by twelve countries representing nearly forty percent (40%) of the world’s Gross Domestic Product (“GDP”) — but not China — to proactively reduce or eliminate their countries’ barriers … read more

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“This deal is not built on trust; it is built on verification” is how President Obama announced and characterized the historic agreement reached yesterday between Iran, the United States, China, France, Germany, Russia, and the United Kingdom. The United States hails the Joint Comprehensive Plan of Action (“Agreement”) as successfully achieving its mission: blocking all … read more

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On May 11, I attended the Office of Foreign Assets Control (“OFAC”) 2015 Spring Symposium at which over 350 companies and 150 law firms were represented. Updates provided by government agencies are unique opportunities to meet agency representatives and hear them speak about regulatory developments and insights on corporate best practices. OFAC’s symposium this year … read more

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Two important international trade measures are currently winding their way through the U.S. legislative process: Trade Promotion Authority (TPA) and the Trans-Pacific Partnership (TPP). The measures have more in common than the first two letters of their acronyms. As the United States decides whether and/or how to proceed with a comprehensive TPP international trade agreement, … read more

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The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) administers U.S. economic and trade sanctions. OFAC has featured prominently in recent headlines concerning U.S. sanctions against Russian entities and individuals to address the current unrest in Ukraine.  U.S. sanctions may preclude U.S. individuals and entities – including in some cases U.S. companies’ … read more