Published on 20 February 2024 in Client Alerts

EU Council approves first EU Space Strategy for Security and Defence

On 13 November 2023, the Council of the European Union approved its first Space Strategy for Security and Defence. The strategy is aimed at enhancing the resilience and protection of space systems and services in the EU. The strategy supports the EU Commission’s proposal for an “EU space law”, welcomes the establishment of an “EU Space Information Sharing and Analysis Centre (ISAC)” in 2024 and calls for a “classified annual space threat landscape analysis”.

The strategy also opposes anti-satellite missile tests (ASAT), highlighting concerns about space debris. In doing so, it references UNGA Resolution 77/41 of 2022.

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Volterra Fietta’s client, Barbados, completes the first ever debt swap for climate resilience

Barbados completed the first ever debt swap for climate resilience.  The transaction generates USD 125 million for Barbados in fiscal savings, which it will use “to enhance water resource management and increase water and food security”. Barbados is a small island developing State, which is facing the destructive effects of climate change.  The climate crisis

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Ahmed Abdel-Hakam, Partner at Volterra Fietta, has been appointed to the International Law Committee of the New York City Bar Association

On 21 November 2024, Volterra Fietta partner Ahmed Abdel-Hakam was appointed to the International Law Committee of the New York City Bar Association.  Ahmed’s selection by the New York City Bar Association was made despite the fact that he is not a member of the Association or even qualified to practice in New York.  It

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European courts rule on EU-Morocco trade agreements and the scope of legal representation of Russia and Russian entities

This autumn, the Court of Justice of the European Union (“CJEU”) ruled on several significant matters, underscoring the institution’s role in shaping EU law and foreign policy.  For reference, the CJEU comprises two courts: the General Court, which primarily handles actions for annulment brought by individuals, companies, and, in some cases, EU governments; and the

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Burkina Faso’s New Mining Code: Increased State control and domestic participation

On 18 July, 2024, Burkina Faso’s Transitional Legislative Assembly (“ALT”) unanimously passed a comprehensive new mining code, the Law No 016-2024/ALT. This new mining code significantly increases the State’s control and domestic participation by mandating local investment, strengthening regulatory oversight, introducing local processing requirements and enforcing stricter penalties for overproduction and violations. Background The new

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