Legal Issues Confronting Formation and Operation of a Decentralized Autonomous Organization (DAO)
āA decentralized autonomous organization (DAO), is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.ā
The Case for Global Trade Compliance
By: Mike Smiszek, Senior Trade Advisor, Braumiller Consulting Group Holistic is a word rarely associated with the highly regulated world of global trade compliance, but itās an apt word to describe a successful compliance program. According to the Oxford English Dictionary, holistic means ācharacterized by comprehension of the parts of something as intimately interconnectedā. In the […]
Post-Brexit International Strategy: Freeports EU Series of Articles
By: Joaquin Pampin-Galan, U.S. Customs and International Trade Paralegal/Spain Attorney, Braumiller Law Group Free Trade Zones (āFTZā) are being introduced into the United Kingdom (āUKā) as part of the post-Brexit landscape. In a measure aimed at developing the UKās trade strategy, the Government announced the creation of eight new freeport zones in England. The selected locations are East Midlands […]
The Newly Appointed USTR Katherine Tai, Who is She, and What Does This Mean for World Trade?
By Brandon French, Associate Attorney, BLG On March 18, 2021, the Vice President, Kamala Harris, appointed Katherine Tai as the United States Trade Representative (USTR). This came after the Senate confirmed Tai by an overwhelming 98-0 vote. Before her appointment as the USTR, Tai served as the chief Democratic trade counsel for the House Ways […]
A Post COVID Surge, and a Variety of Port Issues
There are reasons to be optimistic about the economies of the world bouncing back from the pandemic in 2021, and at the same time, the major push to restock the worldās supply of goods has been met with a variety of problems.
Exporting to Russia? Things Just Got (More) Difficult
Exporting to Russia is already a challenge. There are OFAC sanctions arising out of the Ukraine/Crimea situation, Military End User controls, and the usual export licensing requirements.
Brexit: A process, not an event.
On December 24, 2020, the United Kingdom (āUKā) and the European Union (āEUā) concluded the EU-UK Trade and Cooperation Agreement (āTCAā) which came into force on January 1, 2021. While the UK was in the EU, trade between the two blocs was governed by the EUās Single Market and Customs Union rules
CBPās Forced Labor Initiative: Will this Affect your Supply Chain?
The U.S. government, including Customs and Border Protection (CBP), has recently put an emphasis on preventing forced labor in global supply chains. For instance, On March 11, 2020, the House Rules Committee introduced a new bill that would create a rebuttable presumption regarding forced labor in Xinjiang, China.
Ambitious Free Trade in 2020 and the African Continent
The African Continental Free Trade Area (AfCFTA) is a free trade area, outlined in the African Continental Free Trade Agreement among 54 of the 55 African Union nations. The free-trade area is the largest in the world in terms of participating countries since the formation of the World Trade Organization. Nigeria and Benin were the hold outs until July of 2019.
Japan-US Free Trade Agreement ā Not All it Appears to Be
On Jan. 1, 2020 the Japan-United States Free Trade Agreement went into effect. The agreement provides duty-free, or reduced duty treatment, for certain Japanese imports into the U.S. and certain U.S. exports to Japan. The implementation details were printed in the Federal Register on Dec. 30, 2019 (84 FR 72187).
