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  • 04 Dec 2018Libya

    Libya’s Customs Authority has issued a Circular to all managers of customs directorates at the ports prohibiting the entry of goods and commercial goods supplied except in line with the methods of payment approved by the country’s Central Bank.

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  • 07 Nov 2018Iran

    Following President Trump’s decision on May 8, 2018 to withdraw the United States from the Joint Comprehensive Plan of Action (JCPOA), the US government announced that it would re-impose pre-JCPOA nuclear-related Iran sanctions (both primary and secondary) that were lifted under the JCPOA. As we reported previously, two wind-down periods—of 90 and 180 days respectively—commenced from the day of the announcement, during which non-US, non-Iranian companies were encouraged by the US government to withdraw from operations in Iran that would be affected by re-imposed sanctions. OFAC’s guidance discouraged non-US persons from engaging in new activity during the wind down periods, and stated that any such new activity may be a factor in connection with future enforcement action for actions taken after the wind-down period.

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  • 31 Oct 2018United Arab Emirates

    FL_TITLE12017Federal Law No. 1/2017 on Anti-Dumping and Countervailing & Preventive Measures is one of the series of laws adopted by the UAE to comply with the rules of the World Trade Organization. The importance of this law is that it provides the legal framework for the protection of the UAE industries, while keeping in line with the rules of the World Trade Organization.

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  • 24 Oct 2018Bahrain

    Bahrain’s new Competition Law was published in the Official Gazette on 19 July 2018 and its provisions, with the exception of Chapter 2, will come into effect on 1 February 2019. The provisions of Chapter 2, which establish and relate to the Authority for Encouragement and Protection of Competition, came into force on 1 August 2018.

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  • 18 Oct 2018Oman

    Oman’s Sultan has approved five Sultani Decrees, including a Decree amending the country’s Law on the Protection of Competition and Prevention of Monopoly.

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