The Commercial Customs Operations Advisory Committee (COAC) for CBP will next meet April 15, remotely, beginning at 1 p.m., CBP said in a notice. Comments are due in writing by April 14.
The United Kingdom’s Department for International Trade updated its guidance on trade sanctions on Somalia, according to a March 25 notice. The guidance was updated to include “components for improvised explosive devices,” the DIT said. The guidance will apply until Dec. 31, 2020.
The Treasury’s Office of Foreign Assets Control sanctioned 20 Iranian and Iraqi front companies, officials and business associates that support the Islamic Revolutionary Guards Corps-Qods Force, Treasury said in a March 26 press release. The sanctioned parties also participated in smuggling, money laundering and illegal oil sales. Among the sanctioned parties are Iraq-based Al Khamael Maritime Services, Iran- and Iraq-based Mada’in Novin Traders and Iran-based Middle East Saman Chemical Company.
Senior administration officials agreed to new measures to further restrict foreign exports of chips to Huawei (see 2003050041), according to a March 26 Reuters report. The measures would alter the Foreign Direct Product Rule to restrict foreign sales that contain U.S. chip making equipment, Reuters said, although it remains unclear if President Donald Trump will sign off on the change. Trump has said that he wants to ease restrictions on exports and sell more to China (see 2002180057). The change, which has been discussed within the administration for months (see 1912100033, 1912130052 and 2002050047) has been met with criticism from the semiconductor industry (see 2002180060). The White House and the Commerce Department Bureau of Industry and Security did not comment.
Trade restrictions created as result of the coronavirus COVID-19 crisis will change trade years from now and may lead to fewer international shipments in the medical arena, panelists said on a webinar March 26 hosted by the Washington International Trade Association.
The COVID-19 pandemic may hinder the United Kingdom and the European Union from striking a deal before the Brexit transition period ends in December, potentially creating export control confusion for companies, according to a trade lawyer. The U.K. has formed sanctions regimes for its official departure from the EU, but the two sides have not made much progress on export control regulations, which could have substantial impacts on supply chains, said Ross Denton, an export control lawyer with Baker McKenzie.
The deadline for customs payments due to the Canada Border Services Agency will be extended due to the COVID-19 outbreak, the agency said in bulletin. "The timeframe for all payments due to the Agency (duties and taxes on regular imports, re-assessments, penalties, etc) is extended to June 30, 2020," it said. "This also includes charges on the statement of account of March due on April 1. The CBSA will change the due date automatically, there is no need for companies to apply for the extension."
European Union countries should closely monitor attempts to acquire European medical goods and technology through foreign direct investment and should increase investment screening tools, the European Commission said March 25. The EU’s “openness to foreign investment” needs to be “balanced by appropriate screening tools … now more than ever,” the commission said in guidelines to EU member states. The commission urged member states to be “vigilant” and “use all tools available … to avoid that the current crisis leads to a loss of critical assets and technology.”
A European Union-wide procurement program to increase supply of personal protective equipment “has proven successful” after producers have made offers “exceeding the quantities requested” by member states, according to a March 24 press release from the European Commission. The procurement covers gloves, goggles, face shields, surgical masks, overalls and more. The announcement comes about a week after the EU announced restrictions on exports of certain medical equipment (see 2003160047).
The government of Canada issued the following trade-related notices as of March 25 (note that some may also be given separate headlines):