As part of Europe’s economic recovery, the EU Commission has acknowledged the trading bloc’s technological and strategic dependencies will need to be addressed. The EU Commission identified a number products imported into the EU on which the EU is highly dependent in notably sensitive sectors. The EU Commission also performed six in-depth reviews on the origin of strategic dependencies and their impact on importation. The EU Commission concluded that it will continue to work on…
Over a year into the global pandemic, businesses have had to pivot to survive and adjust to new ways of conducting business. Now, more than ever, Asia Pacific business leaders are making the necessary strategic changes to meet the needs of a vastly changed business landscape — and deciding where legal expertise may be needed most to limit and manage disruption and soften risks. The State of Play Supply Chains and Trade Realignment report delves…
Please join the Baker McKenzie team on Thursday, December 3 for a workshop on Supply Chain Risk Management and What It Means Under a Biden Administration. The discussion, slated to start at 12:10pm ET, will be part of the Luxury Law Summit. Baker McKenzie experts will address risk management in the supply chain with a focus on: Supplier risk and relationship managementGrowing risk under a Democratic administrationExport controls and sanctions risks in the supply chain lifecycle,…
On March 11, 2020, the Congressional-Executive Commission on China (“CECC”) announced new proposed legislation, the Uyghur Forced Labor Prevention Act, to establish a rebuttable presumption that all labor occurring in Xinjiang, China, or by persons anywhere in China who are involved with the “re-education through labor” program targeting Chinese Turkic Muslims constitutes forced labor within the meaning of the U.S. forced labor import ban, 19 U.S.C. § 1307. The proposed act would also impose sanctions,…