The Philippines opened a safeguard investigation on corrugating medium, a component of some cardboard types, on Feb. 13, the World Trade Organization announced. The Philippines said that interested parties should submit comments on the investigation to the Bureau of Import Services within five days of the publication of its notice, i.e., Feb. 18.
Companies shouldn’t expect a significant amount of early enforcement action from the U.K.’s new Office of Trade Sanctions Implementation, which isn’t yet a finished product, its leader, Anna Deibel-Jung, said last week.
The European Commission criticized President Donald Trump’s plans to impose reciprocal tariffs against trading partners (see 2502130030), calling it a “step in the wrong direction” and vowing to protect European businesses from any “unjustified tariff measures.”
DOJ charged an Ohio-based subsidiary of a Russian aircraft parts supplier and three of its current and former employees with illegally exporting aircraft parts from the U.S. to Russia and Russian airline companies, DOJ announced.
Three Senate Democrats, including Senate Banking Committee ranking member Elizabeth Warren, D-Mass., have asked the Treasury Department whether it has exempted its Office of Terrorism and Financial Intelligence (TFI) from the Trump administration’s hiring freeze to ensure TFI can continue to carry out its national security mission.
The U.S. government’s approach to export controls is flawed because it's based on outdated assumptions about China's technological prowess, a witness told the House Foreign Affairs Committee at a closed-door roundtable Feb. 12.
Rep. Andrew Clyde, R-Ga., introduced two joint resolutions of disapproval Feb. 12 that would overturn a pair of rules developed by the Financial Crimes Enforcement Network.
India and the U.S. will negotiate a bilateral trade agreement that will cover multiple sectors in tranches, with the first aiming for completion in the fall of 2025, President Donald Turmp and Indian Prime Minister Narendra Modi said in their joint statement, released after their meeting Feb. 13. The two leaders also announced plans to increase U.S. military sales to India and possibly reduce defense trade restrictions under the International Traffic in Arms Regulations.
The U.K. added three people and two entities to its Russia sanctions list on Feb. 14. The individuals are Artem Yuryevich Chaika, who was listed for owning or controlling extractive company First Non-Metallic Company; Pavel Mikhailovich Fradkov, deputy minister of the Ministry of Defense; and Vladimir Viktorovich Selin, head of the Federal Service for Technical and Export Control. The entities are Joint Stock Company Kirov Energomash Plant and LLC Rosatom Additive Technologies.
The Bureau of Industry and Security has officially opened registration for its upcoming annual update conference to be held March 18-20. The conference is expected to feature sessions with BIS leadership and "key international representatives," and will include regulatory updates, profiles of recent export enforcement investigations, compliance guidance and presentations from the Office of Information and Communications Technology and Services. BIS hasn't yet released an agenda.