Export Compliance Daily is providing readers with the top stories for June 7-11 in case you missed them. You can find any article by searching on the title or by clicking on the hyperlinked reference number.
The State Department published its spring 2021 regulatory agenda, including a new mention of an interim final rule that will seek industry feedback on new export controls for critical and emerging technologies (see 2105200061). The State Department said it will ask for comments on the “technology frontier” to help the agency identify “specific technology capabilities” that have evolved enough to warrant revisions to the International Traffic in Arms Regulations. The agency will use the comments to revise and exclude entries on the U.S. Munitions List and to “add entries for critical and emerging technologies.” The State Department plans to issue the rule in October.
The United Kingdom's Office of Financial Sanctions Implementation on June 22 published an updated version of its guidance for the financial sanctions on Russian individuals and entities. The guidance provides information on loan and credit arrangements, financial service restrictions and frequently asked questions, among other concerns.
Russian nationals, Rostec Corporation CEO Sergye Chemezov and VSMPO-AVISMA Vice Chairman MIkhail Shelkov, along with Ukranian businessmen Dmitry Firtash and Pavel Fuks, were sanctioned by the Ukranian National Security and Defense Council, according to a June 18 press release. Firtash was listed since his titanium companies allegedly "supplied raw materials to Russian military enterprises," while Fuks made the list for violations in securing licenses for the development of hydrocarbon deposits.
The Bureau of Industry and Security is seeking comments on an information collection related to certain “rarely used” short supply activities, the agency said in a notice. The first activity allows U.S. agricultural exporters to register for exemptions from “short supply limitations on export,” and the second activity includes a petition to impose monitoring or controls on recyclable metallic materials. Under the EAR, BIS said U.S.-origin agricultural goods purchased “by or for use in a foreign country and stored” in the U.S. to be later exported may voluntarily be registered with BIS “for exemption from any quantitative limitations on export that may subsequently be imposed under the EAR for reasons of short supply.” BIS previously requested comments Jan. 15 and is extending the comment period for an additional 30 days. Comments are now due by July 26.
The moderator of a panel on the results of the president's visit to Europe asked the European Union's ambassador to the U.S., Stavros Lambrinidis, what he would say to critics who say that nothing was solved on the EU-U.S. irritants? Those critics say that the can was just kicked down the road.
Secretary of State Antony Blinken and German Foreign Minister Heiko Maas spoke June 23 about the two countries' disagreements about Nord Stream 2 and plan to work together to ease the U.S.’s concerns, they said. While the U.S. recently waived sanctions against Nord Stream 2 AG (see 2106070065), the company behind the pipeline, the U.S. continues to “believe” the project is “a threat to Europe's energy security,” Blinken told reporters in a joint press conference with Maas.
The U.S. extended the national emergency authorizing sanctions and trade restrictions against North Korea for one year beyond June 26, 2021, the White House said June 21. It said North Korea continues “to pose an unusual and extraordinary threat” to U.S. national security and foreign policy.
The Bureau of Industry and Security added five Chinese companies to the Entity List for their involvement in the government’s human rights abuses against Muslim minority groups in the Xinjiang region, the agency said in a final rule. For each of the entities, BIS will impose a license requirement for all items subject to the Export Administration Regulations. The final rule takes effect June 24.
The Court of Justice of the European Union found that Venezuela has standing to challenge restrictions made on it by the Council of the EU, according to a June 22 judgment. The CJEU, which overturned a General Court of the European Union ruling that came to the opposite conclusion, said Venezuela can challenge the financial sanctions in European court because the measures are liable to harm Venezuela's economic interests. The General Court originally found that Venezuela had no standing to bring a complaint because it is not an EU member state and had not shown it was directly affected by the sanctions.