Trade Restrictions

U.S. Tariffs Cause Tensions: Austria between Willingness to Negotiate and Strong Response

Transatlantic economic relations are once again being put to the test. Following the US decision to impose import tariffs on European products - particularly steel, aluminum, and a range of industrial goods - under former President Donald Trump, the EU has responded with a second package of sanctions. Stakeholders in Austria are also taking a clear stance - between calls for diplomacy and calls for consistency.

April 9, 2025

Vietnam and UN Strengthen Collaboration on Commercial Law Reforms

In a move to enhance cooperation between Vietnam and the United Nations, a significant memorandum of understanding was signed between the Ministry of Foreign Affairs of Viet Nam and the secretariat of the United Nations Commission on International Trade Law (UNCITRAL).

August 21, 2023

EU Extends Sanctions Against Russia

The European Union is extending its economic sanctions against the Russian Federation for the aggression in Ukraine. The sanctions will be extended for a half year now.

January 29, 2023
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