Globalization risks becoming a chaos between Trump's trade war and Brexit, the rush to new duties and the coronavirus. The Awos - A world of sanctions association monitors the proliferation of restrictive measures. 40 thousand subjects are registered on the black lists of the United States, the European Union and the United Nations, of which 150 are Italian. And since President Trump declared his trade war in three years, the restrictive measures in the United States have almost tripled (+ 180%) to reach 28,000 realities between natural, legal and other persons.
Awos - A World of Sanctions, organizes the international conference "Sanctions and geopolitical chaos: the new barriers to international trade and the effects on businesses" in Rome, on March 5, at the Italian Geographic Society. The conference is an opportunity to interpret the current world of sanctions, export controls and geopolitical risk, anticipate developments and provide guidance tools for businesses.
The head of the sanctions team of the European Commission, Alina Nedea, will participate in the work together with representatives of the institutions, university professors and companies. A panel will be dedicated, in particular, to China and to the transformation of the global economy with interventions, among others, by the president of Huawei Italy, Luigi De Vecchis, and by the Rector of the Chinese territorial pole of the Milan Polytechnic, Giuliano Noci.
Awos, launched in 2016 and chaired by Zeno Poggi, is the first Italian project that integrates into a public-private platform the investigations on export controls, the analysis of geopolitical risk and the monitoring of the main international economic sanction regimes, both EU than non-EU.
The association has developed a global country risk indicator for the movement of goods (ARI - AWOS Risk Indicator), calculated on the basis of the number of subjects on the black list, the sanctioning programs and embargoes in the reference states. Based on these parameters, the top five countries with the greatest risk factor for exports are Iraq, Russia, Iran, the United Arab Emirates and Syria.
"Until 2016, the sanctioning systems were aligned but
Since 2016, something has exploded destructively, with Trump America First's policy threatening other countries. Italian companies today suffer from the enormous weight that American sanctions impose in relations with other companies
countries, we are faced with very important choices ",
declares the president of Awos, Zeno Poggi, who conceived the association starting from the daily experience of the impact of sanctions on exporting companies, as president of the company Zpc, which offers assistance to companies for internationalization and manager of Confindustria.
"Awos wants to photograph reality and help companies to deal with it. It wants to be a facilitator of a less traumatic and more serene management for companies" observes the president of the Awos Scientific Committee, Ambassador Gabriele Checchia.
To underline the importance of knowing and monitoring geopolitical risks and of making checks on commercial counterparts and foreign markets to avoid administrative and criminal penalties, the director of the scientific committee, Paolo Quercia recalls the case of the "ship of an important Italian shipowner who it is found overnight in a restrictive list in the United States because one of its oil tankers was carrying crude oil from Venezuela to Cuba, "said Quercia, stressing that" it was a completely legal operation by European standards ".
"The whole company, - explains Quercia - in all its economic relationships, has become a black subject: no company or bank wanted to have relationships with her anymore. Thus an administrative act of a foreign state can lead to the bankruptcy of a big actor in another country. "
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Awos