WebJul 23, 2024 · Targets of the AFSL are individuals or entities involved in creating or carrying out China-related sanctions implemented by foreign governments; that could include foreign officials who enact China-related sanctions, and individuals and companies that … WebJun 11, 2024 · China’s Anti-Foreign Sanctions Law has been approved with immediate effect following sanctions from the US, EU. On June 10, 2024, China’s national legislature, the National People’s Congress (NPC), approved the Anti-Foreign Sanctions Law, with …
Anti-foreign sanctions draft law proposed to top legislature
WebAug 11, 2024 · On 10 June 2024, the National People’s Congress of China published the Anti-Foreign Sanctions Law (AFS Law), which took effect on the same day. Considering the sensitive political nature of the law, it will cause long lasting impact on China’s foreign relations, especially in the trade and technology fields. WebThe PRC Anti-Foreign Sanctions Law (AFSL) was promulgated on 10 June 2024 and took effect on the same date. Comprised of 16 articles, the AFSL sets out an overarching framework for further developing a legal toolkit for China to resist foreign sanctions. … canara bank vacancy 2022
China
WebJun 25, 2024 · The Anti-Foreign Sanctions Law of the People’s Republic of China (the “Anti-Foreign Sanctions Law”), officially announced and taking effect on 10 June 2024, has aroused wide attention both at home and abroad for its innovative regulatory design despite of its condensed form of only 16 articles. WebJun 24, 2024 · China’s Anti-Foreign Sanctions Law: A warning to the world Despite its title, the new Anti-Foreign Sanctions Law goes far beyond countering sanctions imposed by other states. It allows for countermeasures against a wide range of actors and actions that China perceives as harming its interests. WebJun 11, 2024 · The Law has been described by Chinese officials as a significant step forward in upgrading China’s “legal toolbox” in response to sanctions, import prohibitions and export control restrictions imposed by foreign governments. The Law is drafted … canara bank wadakkanchery ifsc code