Bass, Berry & Sims attorneys Thad McBride and Sylvia Yi provided a look ahead to potential developments in U.S. sanctions in 2016 and the impact on the manufacturing industry. "Like many years that have preceded it, 2016 should be an eventful 12 months with respect to U.S. economic sanctions and embargoes," they predict. With the constant evolution of foreign policy, manufacturers must keep a close watch on developments and with whom they do business. While business opportunities should open up in Cuba, Iran, Burma and Liberia, it is likely that other business may be further restricted – especially in the case of any party affiliated with Islamic State.
The full article, "Looking Ahead to US Sanctions in 2016," was published by IndustryWeek on December 16, 2015 and is available online.