The Impact of Modern Economic Statecraft on Cross-Border Trade
and Investment: Sanctions, Export Controls, Investment Screening,
and Supply Chain Rules
PLI Chronicle: Insights and Perspectives for the Legal
Community
March 10, 2023
Geopolitical risk is top of mind for companies these days, and
it seems that every week brings a new proposed sanction, trade
control, or investment restriction. Increasingly, companies and
investors are discovering that their cross-border movement of
goods, technology, and capital implicates regulatory restrictions
of some kind and is subject to governmental scrutiny.
In modern parlance, such measures fall under the rubric of
"economic statecraft." The pace of change is dizzying,
and the stakes are high, with each new economic statecraft tool
holding the power to cut off business with targeted markets,
trigger regulatory scrutiny of transactions, and impact business
planning.
