The Office of the U.S. Trade Representative is planning a phased-in approach to assessing fees on foreign-built vessels calling at U.S. ports, according to an April 17 announcement unveiling the results of its year-long Section 301 investigation.
Regular and broadly inclusive communication within a multinational company is key to having a successful export control program, two compliance experts said April 17 during a webinar hosted by professional services firm BDO.
The European Commission earlier this month released a "coordination framework" that allows EU member states to voluntarily identify "similar risks and to coordinate with designing national" export control lists. The proposal also "facilitates the exchange of information among Member States and the Commission prior to and after" adopting the national control lists. Member states may additionally consider and benefit from "any additional information provided by other Member States or the Commission" under the proposal. The framework said that shared information might include the scope of the control list, the impact of the list on "EU economic operators" and other "relevant information for the preparation " of the list.
State attorneys general may take the lead on Foreign Corrupt Practices Act enforcement in light of the Donald Trump administration's pause on enforcing the act, attorneys at Crowell & Moring said in an April 14 alert. There's good reason to believe states will follow California's lead in announcing that it will enforce anti-foreign bribery efforts, the firm said.
Rep. Rob Wittman, R-Va., plans to reintroduce a bill that would restrict exports of two reusable materials: "black mass," a metal-rich mixture that comes from used lithium-ion batteries, and "swarf," metal debris produced during magnet manufacturing.
The House Select Committee on China said in a new report that the Bureau of Industry and Security should receive additional funding to improve its export control capabilities amid a growing workload.
The U.S. government, which provided limited sanctions relief to Syria in January, is examining options to further ease those measures, such as through waivers and licenses (see 2501060034), the State Department told Senate Banking Committee ranking member Elizabeth Warren, D-Mass., in a letter she publicly released April 16.
The Office of Foreign Assets Control this week announced additional sanctions for leaders of La Nueva Familia Michoacana drug cartel, and removed Magnitsky sanctions for a Hungarian government official.
The Office of Foreign Assets Control sanctioned the International Bank of Yemen (IBY) April 17 for financially supporting the Yemen-based Houthis, also known as Ansarallah.
When imposing trade restrictions on China, the U.S. should do more analysis to better understand how Beijing might retaliate with export controls, a former State Department official said April 14.