Treasury Removes UAE from List of Countries Requiring Cooperation with an International Boycott
By EsqSocial Corporation 16/04/21
Key Points - On April 8, the Treasury Department removed the UAE from its list of countries requiring cooperation with an international boycott, thereby removing the UAE from the scope of the Treasury Department’s antiboycott rules. The removal comes in response to the normalization of UAE-Israel relations and a formal repeal of the UAE’s boycott of Israel. This development does not have an effect on the Commerce Department’s antiboycott regulations, which do not positively identify...
By: Akin Gump Strauss Hauer & Feld LLP