Foley & Lardner LLP has partnered with OESA to present the webinar, Export Controls on Russia and the Impact on Automotive Suppliers.
The webinar will take place on Tuesday, March 8, 2022, from 9:00 – 10:15 a.m. ET via Zoom.
Foley partners Ann Marie Uetz, Christopher Swift, and Mike Walsh will discuss how Russia’s invasion on Ukraine is impacting the global automotive supply chain, export controls, and government-imposed sanctions. The Foley & Lardner team will also discuss how suppliers can assess the potential risks before conducting any new commercial and financial transactions with Russian parties.
Sweeping sanctions and export controls issued by the U.S. government and other nations have immediately transformed Russia into one of the most heavily sanctioned countries in the world. Companies that operate in Russia, have Russian affiliates, or otherwise conduct business with Russian parties are encouraged to attend this event, as well as those that have concerns about the impact of government sanctions and export controls on Russia.
The webinar will also help organizations understand new licensing requirements, new entity and territory restrictions, and new Foreign Direct Product Rules (FDPRs) that impact the sale of certain products manufactured outside the United States. Discussion topics also include the prohibition of financial transactions with many of Russia’s largest commercial banks and impacts of sanctioning Russian government officials and President Putin.
As the Russia-Ukraine war continues, so too do new business and legal implications for companies around the world. For more information on how to mitigate risk and protect your business, contact a Foley lawyer today.