The United States is formally demanding that the United Nations (U.N.) reimpose sanctions on Iran for its failure to meet commitments to limit its nuclear program set forth under the Joint Comprehensive Plan of Action (JCPOA).  U.N. sanctions on Iran were lifted in 2015 as part of the terms of the JCPOA, which included the United States, European Union, France, Germany, the United Kingdom, Russia, and China as signatories.  The U.S. formally withdrew from the JCPOA in 2018 and reinstated sanctions on Iran.
Continue Reading U.S. Seeks Snapback of U.N. Sanctions on Iran Despite Departure from Nuclear Deal

On August 6, 2020, the White House issued two (2) Executive Orders (“EO”) banning the popular China-based social media app TikTok and the messaging and electronic payments app WeChat.  Both orders are scheduled to take effect in 45 days (approximately September 21, 2020). While a U.S. ban on TikTok, owned by Beijing-based ByteDance Ltd., had been anticipated, especially after India banned the app earlier this year, the EO on Tencent Holding Ltd.’s (“Tencent”) WeChat was not anticipated and has significant potential business ramifications.
Continue Reading U.S. Moves to Ban TikTok and WeChat Apps Amid U.S.-China Tensions

The U.S. Department of State recently published updated guidance pertaining to Section 232 of the Countering America’s Adversaries Through Sanctions Act (“CAATSA”). The revised guidelines subject energy export pipelines originating
Continue Reading U.S. Increases Pressure on Russian Gas Pipelines with Imposition of New CAATSA Secondary Sanctions; Issues New General Licenses for Companies Doing Business with GAZ Group