The Commerce Department published its fall 2022 regulatory agenda for the Bureau of Industry and Security, including one new rule that will finalize new chip export controls against China and others that could revise chemical weapons reporting requirements, the Export Administration Regulations and the Entity List.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Taiwan this week expanded its export controls against Russia and Belarus to cover a range of new items that may be used for Russia’s war in Ukraine, including “high-tech” military items. The island added 52 new items to the export control list, saying they are “primarily related” to “nuclear energy substances,” chemicals, machine tools and other “miscellaneous goods and materials.” The changes took effect Jan. 4.
The U.S. may consider new export controls to better prevent U.S. parts and components from being used in Iranian drones delivered to Russia, State Department spokesperson Ned Price said this week. Price's comments came the same day CNN reported that parts manufactured by more than a dozen U.S. and Western companies were found in an Iranian drone struck down in Ukraine last year.
Export Compliance Daily is providing readers with the top 20 stories published in 2022. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.
New Manufacturing USA Institutes can help the semiconductor industry reduce costs and accelerate innovation, particularly in emerging technology areas that could soon be subject to export controls, chip companies and industry representatives said in comments to the National Institute of Standards and Technology. They also said the Commerce Department should bar foreign entities from working with Manufacturing USA Institutes if they are subject to U.S. export restrictions or have operations in certain countries, including China.
The U.S. needs to “act quickly” to build a multilateral consensus on China export controls or risk other countries simply filling the vacuum left by the U.S. in China’s semiconductor market, two export control and national security policy experts said in a Dec. 30 piece for Foreign Affairs. Although U.S. officials have said they are confident an agreement with allies will soon be completed, the authors said it remains unclear whether the deal will create a “genuine, multilaterally controlled chokepoint” for advanced chip technologies.
The Office of Foreign Assets Control last week fined a multinational Danish-based refrigeration manufacturer more than $4.3 million for violating U.S. sanctions against Iran, Syria and Sudan. Danfoss, which also sells air conditioners and other cooling and heating products, illegally directed customers in all three countries to make payments through a U.S. financial institution, OFAC said in an enforcement notice. The company also made illegal payments to entities in Iran and Syria.
The U.S. may look to expand the jurisdiction of the Committee on Foreign Investment in the U.S. after CFIUS determined it couldn’t intervene in China-based Fufeng Group's purchase of North Dakota farmland, law firms said this month. Congress could make a push to expand CFIUS next year, some firms suggested, especially after several lawmakers said the real estate transaction should have fallen under the committee's authority.