The increasingly global nature of commerce and the myriad ways national governments seek to regulate that commerce impact every company involved in the international trade of goods and services. This area of law has evolved significantly over the past 20 years and continues to do so -- as more governments realize that their economic well-being is inextricably intertwined with trade transactions between the private sectors of different countries. Yet, rather than reducing the complexity, the proliferation of bilateral and international trade agreements can add to the challenges of companies seeking to do business across borders.
World Law Group's International Trade Law Group helps clients navigate the risks and maximize the opportunities associated with this increasingly complex web of law and regulation. The group's members bring in-depth knowledge and experience to a variety of challenges most often encountered by companies involved in cross-border trade, including:
- Import compliance,
- Export controls,
- Antidumping, countervailing duties and trade remedies,
- WTO dispute settlement.
Other areas of expertise encompass economic sanctions, investment treaty arbitration, market access and regulatory barriers, trade policy and negotiations, and anti-corruption and anti-boycott laws.
Due to the extraterritorial reach of international trade laws, members of the WLG International Trade Law Group have formed strong working relationships with their WLG peers around the world to better serve their clients. As national leaders in their field, they meet regularly at international and regional conferences, exchange news on related legal developments and collaborate on comparative law guides and other information resources for WLG’s member firms and their respective clients.
On June 17, 2022, Norway adopted the EU's sixth sanction package. The package includes a gradual ban on imports from Russia of crude oil and refined petroleum products, with certain exceptions, and a SWIFT ban for three other Russian banks.
Faced with a shortage of capital, Uganda has made a significant effort to attract foreign direct investment. Uganda has cast out generous tax incentives as bait to draw in the big fish of investment capital.