The U.N. Security Council, which plans to draft a resolution this month on Sudan’s civil war, should “enforce accountability for member states violating” the arms embargo for Sudan’s Darfur region, Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., said Nov. 14.
House Foreign Affairs Committee Chairman Michael McCaul., R-Texas, will not seek to lead the panel for another two-year term, a spokesperson said Nov. 15. McCaul had intended to request a waiver from term limits for House Republican committee leaders but has decided not to do so out of respect for his party's rules, the spokesperson said. As chairman, McCaul has advocated for tightening export controls on China, increasing enforcement of Iran sanctions and speeding up delivery of weapons to Israel. In the waning days of the current Congress, McCaul has been seeking to pass legislation restricting outbound investment in China (see 2410070008).
MetLife is “pleased” to have reached a settlement with the Office of Foreign Assets Control that resulted in a $178,421 penalty for alleged sanctions violations by its subsidiary, American Life Insurance Company (see 2411140052), a MetLife spokesperson emailed Nov. 14. The spokesperson added that the insurance company holds itself to “the highest professional and ethical standard.”
A letter reportedly sent by the Commerce Department ordering Taiwan Semiconductor Manufacturing Company to stop shipments of advanced semiconductors to certain Chinese customers (see 2411120011) is a “serious violation of international economic and trade rules” and a “gross interference in free trade,” a Chinese commerce ministry spokesperson said last week.
China’s Ministry of Commerce released its new dual-use export control list Nov. 15 ahead of the Dec. 1 effective date for its recently issued dual-use export regulations, which outline how the ministry will approach dual-use licensing and export enforcement, detail possible extraterritorial impacts of the controls, and more (see 2410210042).
The Commerce and State departments are extending the public comment periods for one interim final rule and two proposed rules that are expected to revise U.S. export controls to remove a range of export barriers faced by the commercial space industry (see 2410180027 and 2411070024). Comments on all three rules originally were due Nov. 22, but the agencies said they are extending that deadline to Dec. 23 after the “regulated community” asked for more time.
Senate Foreign Relations Committee ranking member Jim Risch, R-Idaho, who is expected to ascend to the committee’s chairmanship when Republicans take control of the Senate in January (see 2411120060), said he views China as the panel’s biggest challenge.
The next Trump administration is likely to build on Biden’s outbound investment executive order and semiconductor export controls against China, researchers said last week, and could double down on sanctions against Iran and Venezuela in a return to the “maximum pressure” campaign Trump embraced during his first term.
A New York City-based electronics store was fined $5.4 million by CBP and ordered to forfeit more than $460,000 after it allegedly gave false export information to a freight forwarder and breached record-keeping rules, the Bureau of Industry and Security said last week.
The EU should impose more sanctions against the owners and operators of vessels in Russia’s shadow fleet along with the banks and insurance companies they’re using, EU Parliament members said in a resolution adopted Nov. 14.