The U.S. should redouble efforts to control emerging and foundational technologies, establish a new outbound investment screening regime and create a new multilateral export control forum with close allies, said Emily Kilcrease, an economic statecraft expert with the Center for a New American Security. A new multilateral regime could be challenging to stand up, Kilcrease said, but is “imperative” to prevent proliferation of sensitive technologies to adversaries, including China and Russia.
The Commerce Department this week announced its National Artificial Intelligence Advisory Committee, whose AI experts will provide recommendations on AI policy. The 27-member committee, which will hold its first meeting May 4, includes industry and academic officials from Google, Microsoft, Cornell University and Stanford University. The NAIAC's formation comes amid Commerce's efforts to propose new export controls on a range of emerging technologies, including AI and AI-powered products.
The Office of the U.S. Trade Representative is accepting nominations for members to serve on any of 15 Industry Trade Advisory Committees (ITACs) for a new four-year “charter term” ending in February 2026, the agency said in a notice. ITACs, under a program run jointly by USTR and the Commerce Department, “provide detailed policy and technical advice, information, and recommendations” on trade barriers, negotiation of trade agreements and the implementation of existing trade agreements affecting industry sectors,” the notice says. ITACs also “perform other advisory functions relevant to U.S. trade policy matters,” it says. There’s no deadline for applications, as the program “will accept nominations throughout the charter term,” it says.
Amid rising pressure from Congress, a Bureau of Industry and Security official said the agency is struggling to identify specific emerging technologies for potential export controls and urged industry and academia for more help. Senior BIS official Thea Kendler said the suggestions she has received since her December confirmation (see 2201050023) are too broad as BIS looks to introduce new controls under the Export Control Reform Act.
The Democratic and Republican leadership in the House of Representatives selected members to serve on a massive conference committee with the goal of working out a compromise between the Senate and House visions for a China package. The trade titles of the two bills diverge significantly, and the members who will represent House points of view on trade are:
The Bureau of Industry and Security is looking for new candidates to serve on each of its six technical advisory committees, a notice said. The TAC members -- selected from industry, academia and government -- will help advise the Commerce Department on export controls and may serve terms of not more than four consecutive years. Applicants should send a resume and other required information to Yvette.Springer@bis.doc.gov by June 6.
Konstantin Malofeyev, a Russian oligarch, was charged in the U.S. District Court for the Southern District of New York with violating U.S. sanctions in his efforts to establish television networks in Russia and Greece and acquire a television network in Bulgaria, DOJ announced April 6. Malofeyev is charged with conspiracy to violate U.S. sanctions and violations of U.S. sanctions relating to the hiring of U.S. citizen and television producer Jack Hanick to set up the networks. Malofeyev allegedly transferred a $10 million investment from a U.S. bank to a business associate in Greece in violation of the U.S. asset freeze on the oligarch.
A Burma sanctions bill called Burma Unified Through Rigorous Military Accountability Act of 2021, or BURMA Act, passed the House by a voice vote April 6.
The House Foreign Affairs Committee passed a bill on for further consideration that would require the administration to determine whether a person or a foreign financial institution is covered by either Executive Order 14024 (see 2203090036) or Executive Order 14039, (see 2108230061). The administration would have to justify who is covered if either the chair or ranking member of the House Foreign Affairs Committee or the Senate Foreign Relations Committee asks it to. The bill says the administration would have to respond to a request within 60 days. The voice vote in committee was April 5. It was co-sponsored by Rep. Dan Meuser, R-Pa., and Rep Susan Wild, D-Pa.
Paul Rosen, President Joe Biden's nominee to head the Treasury Department’s foreign investment screening efforts (see 2203090015), said he will continue to prioritize U.S. reviews of China-related transactions and wants to better encourage companies to submit voluntary filings. If confirmed, Rosen also said, he will focus on helping allies bolster their own investment screening regimes.