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ARTICLE · 21 DECEMBER 2022

2022 Year-End Review Highlights

We have seen a tremendous year in the trade and national security front and are now, more than ever, deeply aware of the impact trade compliance professionals...

GlobalInternational Law

We have seen a tremendous year in the trade and national security front and are now, more than ever, deeply aware of the impact trade compliance professionals have on safeguarding national security in the face of continued geopolitical threats. Here are some of the 2022 year-end review highlights:

  • On the Russia front, after Russia's unjustified invasion of Ukraine, we saw the United States and its allies pass comprehensive economic sanctions and export control packages that have had a great impact on the Russian economy and the war. We continue to monitor the potential for expanded economic sanctions and export controls and will update our readership on new things to come. For 2023 we predict increased enforcement and vigilance against diversion of U.S. products into Russia, and new packages of sanctions and export controls depending on Russia-Ukraine war developments.

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