EU and US sanctions updates
EU-Latin American potential trade deals
The European Union (EU) also focused on unity this week, seeking to coordinate and improve its vaccination campaigns among Member States. The EU and the United Kingdom (UK) continue to work through implementation of its trade deal, with a post-Brexit financial guarantee requirement causing some concern for shippers. The UK and US reached an agreement on a combined carrier strike group, further cementing the close defense relationship. Meanwhile, the EU is exploring options to address extra-territorial sanctions, such as those imposed by the US, and their impact on EU companies.