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Navigating China’s AFSL: The Landmark Ruling Against Foreign Sanctions as a Contract Defense
In this episode of Trade Compliance Brief - Export Control and Sanctions Insights, we unpack a landmark judicial development out of China that fundamentally alters how multinational companies manage international sanctions clauses.
The Supreme People's Court of China recently published a representative case in which the Shanghai Maritime Court ruled against a Singaporean carrier for refusing to transport goods for a Hong Kong shipper. The carrier's defense? The shipper was on a foreign sanctions list. The court's response? Under Article 12 of China's Anti-Foreign Sanctions Law (AFSL)…
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