Rep. Bill Huizenga, R-Mich., reintroduced a bill Feb. 27 that would require the Defense and State departments to monitor China’s efforts to build or buy “strategic foreign ports.”

Sens. Jim Banks, R-Ind., and Mark Warner, D-Va., introduced a bill Feb. 26 that aims to give Congress greater insight into the export licensing process at the Bureau of Industry and Security.

The U.K. corrected one entry on its Russia sanctions list and amended one entry on its Global Anti-Corruption sanctions list, the Office of Financial Sanctions Implementation said. Under Russia, OFSI corrected the listing for OJSC Keremet Bank, changing the ZIP code for the bank in Kyrgyzstan. Under the anti-corruption regime, the agency amended the listing for Teodoro Nguema Obiang Mangue to reflect that Mangue was listed for engaging in bribery while serving as vice president of Equatorial Guinea.

The U.K.’s latest package of Russia sanctions (see 2502240056) featured the country’s first use of recently expanded designation powers that have “secondary sanctions-like effects,” Steptoe said in a client alert. The powers -- which allow the U.K. government to designate people and entities for providing financial services, making funds available to or facilitating other activities of certain parties with ties to Russia -- were used to target Kyrgyzstan-based OJSC Keremet Bank, which was accused of providing financial services to people in the Russian financial sector. The designation means U.K. credit and financial institutions are blocked from “establishing or continuing correspondent banking relationships” or processing payments with Keremet.

The Bureau of Industry and Security for the past month has been led by a key Project 2025 contributor entrusted by the Trump administration with overseeing an export control policy review, an effort that resulted in a licensing pause and coincided with multiple senior career employees leaving the agency. BIS resumed processing and approving certain license applications around the same time the Trump official was removed from his position late last month, Export Compliance Daily has found.

Kristine Carrillo, an international trade specialist with the Commerce Department, was told her position was “terminated” this week as part of the Trump administration's sweeping cuts of employees who are still on probationary status, she announced on LinkedIn. Carrillo joined the International Trade Administration in December 2023 and worked to "advance opportunities for U.S. companies" through meetings with foreign governments visiting the U.S. on trade missions.

Matthew Axelrod, the Bureau of Industry and Security's former export enforcement chief, has joined Gibson Dunn to help lead the firm's new sanctions and export enforcement practice group. Axelrod and former Treasury Department senior adviser Adam Smith will co-chair the new group, which they said will aim to help clients navigate rising export control and sanctions risks.

Raj Parekh, a DOJ lawyer who was named the Bureau of Industry and Security’s first chief of corporate enforcement in September (see 2409120007), is leaving BIS next week to join the law firm Sparacino, he announced on LinkedIn. Parekh said his departure from government is “entirely unrelated to current events,” adding that his one-year detail as the BIS corporate enforcement chief “would have continued if it were not for this unique opportunity in the private sector.”

Kevin Kurland, the Bureau of Industry and Security's most senior career export enforcement official, has been tapped to replace longtime BIS official Matt Borman in overseeing the agency’s export administration efforts, three people familiar with the matter said. BIS updated its website Feb. 27 to reflect the change.

A bipartisan group of lawmakers unveiled a bill Feb. 26 that seeks to encourage foreign investors to report their U.S. farmland holdings to the Agriculture Department as required by law.