On March 12, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued Russia-related General License 134 (GL 134) authorizing, until April 11, 2026, transactions relating to the sale, delivery, and offloading of Russian-origin crude oil
Cleary Foreign Investment and International Trade Watch
The Cleary Foreign Investment and International Trade Watch, published by Cleary Gottlieb Steen & Hamilton LLP, focuses on legal developments and regulatory updates related to foreign investment, international trade, and economic sanctions. The blog covers topics such as foreign direct investment screening, export controls, sanctions enforcement, international trade litigation, and government reviews of cross-border transactions. It also addresses issues involving U.S. and EU trade policies, Committee on Foreign Investment in the United States (CFIUS) reviews, and compliance with export administration regulations. The blog provides analysis of significant court rulings, regulatory changes, and policy trends affecting multinational corporations and investors engaged in global commerce.
Latest from Cleary Foreign Investment and International Trade Watch - Page 3
OFAC Eases Sanctions on Venezuelan-Origin Gold
On March 6, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) issued General License (“GL”) 51, authorizing transactions that are ordinarily incident and necessary to the exportation, sale, supply, storage, purchase, delivery, or transportation…
U.S. Court of International Trade Orders Refunds of IEEPA Tariffs
For more insights and analysis from Cleary lawyers on policy and regulatory developments from a legal perspective, visit What to Expect From a Second Trump Administration.
On March 4, 2026, the U.S. Court of International Trade (“CIT”) issued an…
The Rise of the New EU FDI Screening Regulation
On February 10, 2026, the provisional text[1] of the new EU FDI screening regulation was finally published (the “New Regulation”). This reflects the political agreement reached on December 11, 2025, between the European Parliament and the Council of the…
OFAC Sanctions Rwanda Defence Force and Senior Officials in Connection with DRC Conflict
On March 2, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) imposed sanctions on the Rwanda Defence Force (“RDF”, the military of Rwanda) and four senior RDF officials pursuant to the Democratic Republic of the…
Supreme Court Strikes Down IEEPA Tariffs: What To Know and Expect
On February 20, 2026, the United States Supreme Court (the “Court”) held in Learning Resources, Inc. et al. v. Trump (“Learning Resources”) that the International Emergency Economic Powers Act of 1977, 50 U.S.C. 1701, et seq. (“IEEPA”) does not authorize…
OFAC Issues General Licenses 49 and 50A Authorizing Contingent Investments and Additional Operations in Venezuelan Oil and Gas Sector
On February 13, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) issued General License (“GL”) 49 and GL 50 (since amended as 50A),[1] continuing the expansion of authorized activities in the Venezuelan oil and…
The Restless Italian FDI Landscape: a Snapshot of the Latest Developments
Over the past few months, the Italian FDI (the so-called “golden power”) regime has once again witnessed multiple key developments that investors and potential targets should take into due account, notably:…
DOJ Files First-Ever Complaint to Enforce CFIUS Divestment Order Against Suirui Group Co., Ltd.
For more insights and analysis from Cleary lawyers on policy and regulatory developments from a legal perspective, visit What to Expect From a Second Trump Administration.
On February 9, 2026, the U.S. Department of Justice (“DOJ”) filed a complaint…
Treasury Seeks Public Input on CFIUS Known Investor Program and Additional Process Efficiencies
On February 6, 2026, the U.S. Department of the Treasury (“Treasury”), as chair of the Committee on Foreign Investment in the United States (“CFIUS”), issued a Request for Information (“RFI”) seeking public input on a new Known Investor Program and…