Background

For more information on how these developments may affect your business, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.

United Kingdom

The second U.S.-UK Strategic Sanctions Dialogue was held May 8 in London. According to the State Department, these talks delivered on a commitment under the 21st Century U.S.-UK Economic Partnership to strengthen coordination on sanctions and export controls. Specifically, the delegations discussed the uses of targeted, coordinated sanctions and export control measures to deter and disrupt malign activity and to defend international norms. They also pledged continued collaboration to counter circumvention occurring in third-country jurisdictions.

Peru

The State Department reports that the inaugural High-Level Dialogue between the U.S. and Peru, held May 9 in Washington, D.C., included breakout sessions on economic prosperity, security and defense, democratic governance and migration, environmental protection and disaster preparedness, and education and culture. Among other things the two sides agreed to promote investments in Peru’s mining sector and to strengthen cooperation on critical minerals. They also initiated talks on a memorandum of understanding that will strengthen cooperation and information exchange on this issue.

Iraq

At the third meeting of the U.S.-Iraq Trade and Investment Framework Agreement Council, officials discussed a range of bilateral trade and investment issues, including agriculture, customs, standards, technical barriers to trade, intellectual property, accessibility of trade-related measures, and policies impacting the investment climate (e.g., the need for more inclusive stakeholder consultations). The two sides also expressed their intent to follow up with technical-level discussions to make progress on priority issues.

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