Rep. Bill Keating, D-Mass., introduced a bill Dec. 11 that would codify Russia sanctions imposed under nine executive orders: 13849, 13883, 14024, 14039, 14065, 14066, 14068, 14701 and 14114. It is identical to a bill that Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., introduced in September.
Donald Trump's return to the White House brings a "lack of predictability," Baker McKenzie attorneys said during a webinar last week on how threatened tariffs could affect countries around the globe.
The EU on Dec. 16 announced its 15th sanctions package against Russia, designating nearly 100 new people and entities and taking other measures designed to prevent circumvention of EU sanctions.
The Council of the European Union renewed its sanctions regime on Guatemala until Jan. 13, 2026. The regime currently lists five people.
The Council of the EU added four people to its Sudan sanctions regime and three people to its Haiti sanctions list on Dec. 16.
The U.S. this week sanctioned people and entities for their ties to North Korea, including financial firms, employees of U.S.-designated companies, military officials and others.
The U.S. is planning new export controls to restrict sales of advanced artificial intelligence chips to certain parts of the world in a bid to further limit China’s ability to access them, The Wall Street Journal reported Dec. 13. The rules, which could reportedly come this month, may place caps on shipments of AI chips to certain countries for use in large computing facilities, including nations in Southeast Asia and the Middle East. Close U.S. allies would not be affected, the report said. The Biden administration recently sent letters to major chipmakers informing them about some of the restrictions.
The U.S. and its allies should increase their scrutiny of China's foreign investment in commercial remote sensing firms to ensure the Chinese military does not benefit from such transactions, the congressionally mandated U.S.-China Economic and Security Review Commission said in a new report Dec. 16.
The U.S. government needs a better framework to allow various agencies to coordinate on economic security measures, such as export controls and investment restrictions, Commerce Deputy Secretary Don Graves said.
Even if a transaction is authorized by a Treasury Department sanctions license or a Commerce Department export license, it still may be subject to prohibitions or notification requirements under Treasury’s new outbound investment rules (see 2410280043), the agency said in new FAQs.