Due to the recent internationally opposed events,[1] countries worldwide have imposed sanctions on The Russian Federation (Russia).[2] The European Union (EU) has put in place ‘severe European sanctions following the Russia-Ukraine war’,[3] including export controls and restrictions.[4] Unquestionably, this has affected the trade between the EU and Russia, resulting in the blocking of approximately 30.000 … Continue reading Sanctions and international trade: the significance of the classification of goods
Category: International Commercial Law and Finance
China’s number two real estate developer, Evergrande, is facing difficulties in making bond interest payments to its investors. Concerns have been raised amongst the financial industry as the company currently stands under US $305 billion worth of debt, and up until now, the company has missed the deadline for two payments, one totaling US $47.5 … Continue reading Evergrande and the Chinese financial market