Tuesday, December 22, 2020
The United States (US) approved its second COVID-19 vaccine by Moderna this week, ramping up its initial vaccine distribution and inoculations in America. Meanwhile, the European Union (EU) decided to expedite its vaccine approval process and is now on track to authorize the Pfizer/BioNTech and Moderna vaccines before the end of the month.
Talks between the United Kingdom (UK) and EU continued this past week. While some progress was noted, a significant breakthrough remains elusive. If a deal is reached in the coming days, accelerated ratification by both the European Parliament and the UK Parliament will be necessary before the UK’s formal exit from the customs union and single market on 31 December.
US Government removes Sudan from State Sponsor of Terrorism list
On December 14, 2020, the US Government announced Sudan’s removal from the list of State Sponsors of Terrorism (the “SST List”). This rescission of Sudan as an SST follows an agreement in October for Sudan to be removed from the list and the lapse of a 45 day congressional notification period. The federal register notice regarding the rescission is available here. As detailed in our previous blog post here, the US Government revoked Sudan sanctions in October 2017, but Sudan’s continuing inclusion on the SST List resulted in lingering stringent export and investment restrictions. The removal of Sudan from the SST List marks another fundamental change in removing trade restrictions and encouraging greater collaboration and support for transactions with Sudan.
BIS Removes TTI Subsidiary from Military End-User List oaoa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oaoa.com Daily Mail and Mail on Sunday newspapers.