The EU is again postponing implementation of its new deforestation reporting requirements, proposing a one-year delay because its IT system isn't ready to handle all the transactions for products covered by the regulation, Environment Commissioner Jessika Roswall told the European Parliament Sept. 23.
The U.K.'s Office of Financial Sanctions Implementation issued a new general license last week that allows the government's revenue and customs agency to make certain payments to the frozen bank account of a person sanctioned under U.K. authorities. The revenue agency also may "set-off" the "amount of any Permitted Payment (as a credit) against any liability of the same UK [sanctioned person] to pay an amount to that Revenue Authority (as a debit)." The license took effect Sept. 26.
The State Department last week approved a possible $1.23 billion military sale to Germany, the Defense Security Cooperation Agency said. The sale includes "AIM-120D-3 Advanced Medium Range Air-to-Air Missiles and related equipment," and the principal contractor will be RTX.
House Select Committee on China Chairman John Moolenaar, R-Mich., said Sept. 26 that he plans to conduct “full oversight” of a new U.S.-China agreement that will transfer ownership and control of TikTok from China’s ByteDance to American investors.
The Jewish Heritage in Syria Foundation (JHS), which represents Syrian Jews living in the diaspora, urged Congress on Sept. 25 to pass legislation to repeal the Caesar Syria Civilian Protection Act of 2019 without conditions.
A bipartisan group of 20 House members told the Trump administration Sept. 25 that they would oppose the potential U.S. export of F-16 and F-35 fighter jets to Turkey for security reasons.
CBP last week issued "one final extension" for its deadline to allow users more time to continue submitting certain documents through the Document Imaging System as it tries to push operators to participate in its Electronic Export Manifest pilot, the agency said in a Sept. 26 cargo systems message. DIS will continue accepting submissions of “Form 1302A Cargo Declaration - Outbound With Commercial Form” until Dec. 1, CBP said.
Nvidia CEO Jensen Huang made the case last week for fewer export controls on the company’s chips, saying the U.S. government should allow Nvidia to “compete” in the Chinese market. He also avoided directly answering whether the company’s export license applications for China are being granted, despite the Trump administration announcing earlier this year that it planned to approve exports of Nvidia’s H20 chips in exchange for a cut of the sales revenue (see 2508220003).
European officials and Parliament members called on EU member states to double down on Russia-related sanctions implementation and enforcement, saying they know evasion is occurring, but countries have been too slow to act on sanctions rules or haven’t levied large enough penalties. They also expressed frustration that the EU hasn’t yet been able to confiscate frozen Russian assets for Ukraine, even as the European Commission said it’s preparing a proposal that would allow the bloc to indirectly use those funds while still complying with international law.
The Bureau of Industry and Security officially released a new regulation to introduce a 50% ownership threshold rule for parties on the Entity List and Military End-User List. The interim final rule, released and effective Sept. 29, will impose the same export license requirements as the parent company for any affiliate owned 50% or more by a party on the Entity List or Military End User List, similar to how sanctions are applied under the Office of Foreign Asset Control's 50% rule. The rule includes a 60-day temporary general license that “permits certain export, reexport, and transfer (in-country) transactions involving non-listed 50-percent or more owned foreign affiliates of parties on the Entity List or Military End-User List.” BIS is accepting public comments on the changes by Oct. 30.