The Biden administration on Tuesday escalated its rhetoric against American companies doing business in China’s Xinjiang Uygur autonomous region, calling US investments a potential threat and warning American firms that they may wind up breaking the law if they don’t leave the region.
The new US advisory includes pages of details describing the legal and reputational risks for American firms operating in Xinjiang, and warns them to brace for serious consequences if they stay there and continue with business as usual.
“Given the severity and extent of these abuses”, it said, citing forced labour, intrusive surveillance, and a continuing genocide and crimes against humanity against the region’s Uygur population, “businesses and individuals that do not exit supply chains, ventures and/or investments connected to Xinjiang could run a high risk of violating US law”.
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/PRNewswire/ We are delighted to announce that the 2021 Global Law Experts Annual Awards named Torres Law, PLLC as its 2021 Trade & Customs Law Firm of the.
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WASHINGTON and DALLAS, May 25, 2021 /PRNewswire/ Olga Torres, Managing Member of Torres Law, an international trade and national security law firm, has been named among the country s top international trade and economic sanctions lawyers by Chamber USA.
Recognized for her strong practice in the export controls and sanctions space and her work advising clients on OFAC regulations, Ms. Torres – founder and Managing Member of her own law firm, Torres Law – is one of only three lawyers on the prestigious list who hail from boutique trade law firms.
One source interviewed by Chambers observed that Ms. Torres is a subject matter expert when it comes to export compliance. Another remarked that she is extremely responsive and knowledgeable.