Steven Emme, former chief strategy officer for the Bureau of Industry and Security, has joined Akin as an international trade partner, the firm announced. Emme worked multiple stints at the Commerce Department since 2007, including as BIS chief strategy officer beginning in 2023, before leaving earlier this year. His practice will focus on international trade and national security, including issues related to U.S. export control and sanctions regulations.
The EU will appeal a World Trade Organization panel report in Indonesia's case against the EU's countervailing duties on Indonesian biodiesel to the defunct Appellate Body, the EU reported at the Sept. 26 meeting of the Dispute Settlement Body. The appeal effectively ends the dispute, since there's no Appellate Body division that will be able to hear the case due to vacancies on the Appellate Body.
The Council of the European Union on Sept. 29 adopted a revised carbon border adjustment mechanism that's expected to exempt 90% of European importers from the new rules, representing the final hurdle before the rules can take effect.
China's Ministry of Commerce this week criticized the Bureau of Industry and Security's new rule that introduced a 50% ownership threshold rule for the Entity List and Military End-User List (see 2509290017), saying the measure is "extremely egregious," "severely" damages the rights of affected companies and undermines global supply chains.
The Council of the European Union on Sept. 29 extended to Oct. 15, 2026, the individual sanctions regarding the situation in Nicaragua for another year. The sanctions cover 21 individuals and three entities and relate to the crackdown on dissent and the rule of law in Nicaragua.
The Office of Foreign Assets Control this week renewed a general license that authorizes payments of certain taxes, fees, import duties, licenses, certifications and other similar transactions involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation that would normally be blocked under Directive 4 of Executive Order 14024. General License 13O, which replaces 13N, authorizes those transactions through 12:01 a.m. ET Jan. 9., as long as they're “ordinarily incident and necessary to the day-to-day operations in the Russian Federation of such U.S. persons or entities.” The license was scheduled to expire Oct. 9.
The U.N. Security Council on Sept. 28 reimposed all nuclear-related U.N. sanctions and restrictions against Iran that had been paused after the 2015 Iranian nuclear deal. The imposition of those so-called "snapback" sanctions came after France, Germany and the U.K., known as the E3, in August began the process to reimpose U.N. sanctions against Iran after accusing the country of failing to meet safeguards around its nuclear program (see 2508280033).
The Bureau of Industry and Security is rolling back a Biden-era interim final rule that increased restrictions on firearms exports, the agency said in a final rule effective Sept. 30. BIS said it decided that the rule should be “rescinded in its entirety” after hearing from U.S. firearms manufacturers that the controls “would cost them hundreds of millions of dollars per year in lost sales.”
A new interim final rule released by the Bureau of Industry and Security this week introduces a 50% ownership threshold rule for the Entity List and Military End-User List, a change that’s expected to drastically increase the number of companies subject to stringent export licensing restrictions. BIS also is adopting the rule, which it calls the “Affiliates rule,” for export transactions involving certain parties sanctioned by the Office of Foreign Assets Control, which BIS said will “align more closely” OFAC’s 50% rule with the new restrictions under the Export Administration Regulations.
The European Commission on Sept. 26 imposed antidumping duties on hot-rolled flat products of iron, and non-alloy or other-alloy steel from Egypt, Japan and Vietnam. The duties will apply for five years at rates of 11.7% for Egypt, 6.9% to 30% for Japan, and 12.1% for Vietnam. The duties that were provisionally imposed since April 7, 2024, "will not be collected retroactively," the commission said. In the AD investigation, goods from India also were also investigated, but the probe was "terminated without the imposition of duties, because it was not established that Indian imports were dumped."