Global Trade & Foreign Policy Insights

ACI held its annual CFIUS conference from April 27 to 28 in Washington, D.C., bringing together practitioners and government officials to discuss a range of CFIUS topics. On the government side, the two-day event involved significant participation by the Department of Defense (DoD), which was represented by officials on a majority of the panels. The following are the key takeaways.

On Thursday, October 24, 2019, Behrooz Behroozian, of Columbus, Ohio, pleaded guilty to all counts as alleged for violation of U.S. sanctions on Iran.

Merely a week after sanctioning various departments of the Turkish government over actions related to the conflict in Syria, the U.S. government has now removed such sanctions.

On October 15, 2019, the U.S. Department of the Treasury convened the first meeting of the Counter-Hizballah International Partnership (“CHIP”) with the goal of building multilateral cooperation to target and dismantle global financial networks used by Hizballah to fund its agenda.

On October 14, 2019, President Trump issued an Executive Branch Order “Blocking Property and Suspending Entry of Certain Persons Contributing to the Situation in Syria” (the “E.O.”) targeting the Turkish Government for the recent military offensives into northeast Syria.