On July 6, 2017, the EU and Japan announced an “Agreement in Principle” on the EU-Japan Economic Partnership Agreement (“EPA”).  Negotiations on “the world’s largest, free, industrialised economic zone” began in 2013, and have now culminated in a political agreement which sets out the commitments of both Parties on numerous topics. While parts of the draft text have been published, many issues remain under negotiation. Nonetheless, the EPA provides useful guidance on what European and Japanese businesses can plausibly expect from this deal.  A summary of key issues is set out below. Continue Reading Opening Up European and Japanese Markets: What the EU-Japan Trade Deal Means for Businesses

On June 16, 2017, the President released a National Security Presidential Memorandum, which outlines the Trump Administration’s national security and economic policy towards Cuba. The Presidential Directive lays out the framework for rolling back certain Obama-era regulations that eased travel and trade restrictions between the United States and Cuba. The White House has released a fact sheet related to today’s Presidential Directive, and the Office of Foreign Assets Control (“OFAC”) has released a list of frequently asked questions.

Continue Reading President Trump Announces Limited Roll-Back of Obama-Era Cuba Sanctions Relief