The European Commission on May 7 extended its antidumping and countervailing duties on cold-rolled stainless steel from Indonesia to cover Taiwan, Turkey and Vietnam, the Directorate-General for Trade announced. The commission said the extension of the measures is needed to "ensure the efficacy of the original measures on stainless steel from Indonesia."
Senate Foreign Relations Committee ranking member Jim Risch, R-Idaho, and House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, urged President Joe Biden this week to reject his administration’s proposal to waive sanctions to allow French company Électricité de France (EDF) to work with Russia's state-owned nuclear energy company Rosatom.
Turkey has suspended trade with Israel because of the country’s ongoing military action in Gaza, Turkey’s trade ministry announced last week, according to an unofficial translation. It said it has “decided to move to a new phase in economic relations with Israel,” including restrictions on exports and imports, until Israel reaches a “permanent ceasefire” with Hamas and allows “uninterrupted access of aid” to Gaza.
The Treasury and State departments announced May 1 that they are sanctioning more than 280 entities and people in Russia and third countries for helping Moscow sustain its military industrial base during its war against Ukraine.
Turkey's Ambassador Alparslan Acarsoy, chair of the World Trade Organization's agriculture negotiations, said "fresh thinking" is needed to end the stagnation in current agriculture talks, the WTO said. Addressing the participating members of the ag negotiating body during the first meeting since the 13th Ministerial Conference, Acarsoy urged members not to ditch "past efforts" despite the disappointment felt after a deal was not struck at MC13.
U.S. defense companies plan to closely monitor the implementation of the International Traffic in Arms Regulations (ITAR) exemption for Australia and the U.K. to ensure it meets its promise of reducing licensing burdens for defense trade, industry representatives told a congressional panel last week.
Two officials of an Iraq-based weapons dealer -- Syrian national Mohamad Deiry and Lebanese national Samer Rayya -- were charged with conspiring to ship munitions from the U.S. to Sudan and Iraq without a license, DOJ announced. An indictment, unsealed April 15, alleged the pair violated the Arms Export Control Act and conspired to commit money laundering to advance the "illicit procurement activities."
Turkey opened a safeguard investigation on ethyl acetate, the nation told the World Trade Organization's Committee on Safeguards, the WTO announced. Turkey opened the investigation April 6 and said interested parties must file a questionnaire response within 30 days from the start of the investigation.
Two Russian nationals living in Florida pleaded guilty this week to conspiring to violate the Export Control Reform Act by illegally shipping aviation technology to Russian end users, DOJ announced April 4.
The annual report on foreign trade barriers, which covers intellectual property, agricultural exports and e-commerce, as well as all other goods and services, highlighted non-tariff barriers to ag exports, such as sanitary and phytosanitary (SPS) measures that are not based on science, burdensome facility registration requirements, and barriers to poultry in countries affected by highly pathogenic avian influenza that are not justified by the risk, in the U.S. view.