A new list published last week by the Bureau of Industry and Security names more than 150 entities that have asked companies to boycott goods from certain countries. BIS hopes the list helps “raise awareness” among companies, financial institutions, freight forwarders and others about where boycott requests may come from, allowing them to better comply with the agency’s anti-boycott regulations, said Matthew Axelrod, the BIS assistant secretary for export enforcement.
Four Republican House members led by Rep. Nathaniel Moran of Texas have asked the Commerce and State departments to describe the measures they are considering to counteract what appears to be increasing collaboration between China and Iran on military drone development and distribution.
The Office of Foreign Assets Control this week sanctioned various people and companies that are part of procurement networks in Iran, Turkey, Oman and Germany that have supported Iran’s ballistic missile, nuclear and defense programs. OFAC said the networks have helped ship carbon fiber, epoxy resins and other “missile-applicable goods” for Iran’s military and other entities in the country’s defense industrial base.
Sen. Richard Blumenthal, D-Conn., who chairs the Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations, has asked the Commerce Department for several types of information to help his panel better understand how Russia overcame export controls and sanctions to obtain U.S. technology for its military.
The State Department fined Boeing $51 million after the company allegedly violated a range of U.S. export controls, including license requirements for exports to China and Russia. The violations, which Boeing voluntarily disclosed, included illegal exports to foreign employees and contractors working in more than 15 countries; a trade compliance specialist fabricating an export license to illegally ship defense items abroad; and violations of the terms and conditions of other export licenses, among other things.
Eight more World Trade Organization members accepted the fisheries subsidies agreement at the start of the 13th Ministerial Conference this week, the WTO said. Sixty-nine members have so far accepted the deal and 40 more are needed for ratification; the WTO said one more member is expected to accept the deal during MC13. The newest countries to adopt the agreement are Brunei, Chad, Malaysia, Norway, Rwanda, Saudi Arabia, Togo and Turkey. WTO Director-General Ngozi Okonjo-Iweala said negotiations also are ongoing on a second fisheries deal, adding that passing both agreements would "really put WTO members at the forefront of action on sustainability of our oceans and would safeguard the livelihoods of the 260 million people who depend on these oceans."
The EU announced its 13th sanctions package on Russia last week to mark two years since Russia invaded Ukraine, imposing designations against another 194 people and companies while expanding the list of advanced technology items that Russia is seeking for its defense and technology sectors.
The U.S. announced a new set of sweeping Russia-related export controls and sanctions last week to mark the two-year anniversary of Moscow’s invasion of Ukraine and to respond to Russian opposition figure Alexei Navalny's death in prison. The measures include nearly 100 additions to the Commerce Department’s Entity List, more than 500 sanctions designations by the Treasury and State departments and new government guidance, including a new business advisory to warn companies about Russia-related compliance risks.
Canadian exporters are increasingly seeing delays when applying for and receiving export permits, especially for shipments to Turkey, the United Arab Emirates and Saudi Arabia, said John Boscariol, a trade lawyer with McCarthy Tétrault. Boscariol, speaking during a virtual event this week hosted by the American Bar Association, said none of those countries are “prohibited destinations” under Canadian export regulations, but the government has still been taking “extra time” in evaluating permits.
The U.S. announced a new set of sweeping Russia-related export controls and sanctions this week to mark the two-year anniversary of Moscow’s invasion of Ukraine and to respond to Russian opposition figure Alexei Navalny's death in prison. The measures include nearly 100 additions to the Commerce Department’s Entity List and more than 500 sanctions designations by the Treasury and State departments in what the U.S. said is its largest single tranche of designations since Russia began the war in 2022.