Over the weekend, Iran and the E3+3 countries (i.e., China, France, Germany, Russia, United Kingdom, United States) announced a provisional deal, the Joint Plan of Action (“JPA”), to address Iran’s nuclear programme, in an important step towards a long-term reduction in tensions between the West and Iran. The JPA envisages a gradual suspension of sanctions to be rolled out in various phases, in return for commitments from Iran on enrichment, non-proliferation and inspection. Click here…
On August 9, 2013, US Customs and Border Protection (CBP) published in the Federal Register a general notice announcing that CBP is expanding eligibility for its Global Entry program to include citizens of the Republic of Korea who are participants in the Smart Entry System (SES), a trusted traveler program in the Republic of Korea (S. Korea); a limited number of citizens of the Federal Republic of Germany (Germany) who are participants in the Automated…
On 1 March 2013, Germany has adopted a new version of its Act on Foreign Trade (Außenwirtschaftschaftsgesetz – “AWG”). The new act was finally promulgated on 6 June 2013. It will enter into force on 1 September 2013. The aim of the reform is to streamline German export control law and to create a “level playing field” for German exporters in Europe. For exporters, the most important changes in Germany’s export control legislation are the…