Commerce plans to eliminate license exceptions for civil end-users from the Export Administration Regulations, according to an alert from Akin Gump. Commerce did not say when the changes would take effect, the alert said, but U.S. companies should “prepare for the possibility that currently exempted activities may soon require specific licenses” from the Bureau of Industry and Security. The Office of Information and Regulatory Affairs recently completed a review of the changes, according to a notice on the OIRA website.
Three trade experts discussing the role of technology in the U.S.-China trade war were split over how and when the two nations will reach a trade deal, with two saying they expect a deal soon and one saying China is willing to wait until a potentially new administration in 2020. But the experts, speaking July 18 during a panel at the Brookings Institution, agreed on one point: If there is a deal, the ban on Huawei Technologies will be lifted.
Costa Rica issued a three-month moratorium on paying penalties related to value-added taxes, KPMG said in a July 11 post and report. The moratorium, issued in the country’s Official Gazette on July 10, applies to “penalties, interest, fines” and other “sanctions” in the country’s Code of Norms and Tax Procedures, KPMG said, but excludes “large taxpayers.” The moratorium does not exempt taxpayers from “submitting the tax returns, the tax payment, or the payment of the principal amount adjusted by the Tax Administration,” KPMG said.
The Drug Enforcement Administration will temporarily list the synthetic cathinones N-ethylhexedrone, α-PHP, 4-MEAP, MPHP, PV8, and 4-chloro-α-PVP in schedule I of the Controlled Substances Act, it said in a notice. The chemical will be subject to import and export restrictions for schedule I substances. The agency can temporarily list controlled substances for up to three years before a permanent listing is required.
Two members of the Senate Foreign Relations Committee urged Secretary of State Mike Pompeo to impose more sanctions on Nicaragua officials, saying the current sanctions regime, including designations announced June 21, need to be expanded. In a July 11 letter, Sens. Bob Menendez, D-N.J., and Ted Cruz, R-Texas, said Pompeo should “work with Congress on additional efforts to hold Nicaraguan officials accountable.” The letter cited Nicaraguan President Daniel Ortega’s “human rights abuses” and keeping of political prisoners.
The U.S. will not sell F-35 fighter jets to Turkey because of the country’s recent purchase of Russian defense items, including S-400 missile parts, President Donald Trump said during a July 16 Cabinet meeting. But Trump did not say whether the U.S. would impose sanctions on Turkey, adding that he has a “good relationship” with Turkish President Recep Tayyip Erdogan and that Turkey was placed in a “very tough situation.” Trump said the U.S. is “speaking to Turkey.” “With all of that being said, we’re working through it,” Trump said. “We’ll see what happens."
The Treasury's Office of Foreign Assets Control sanctioned Bah Ag Moussa for acting on behalf of a West African terrorist group and its leader, Treasury said in a July 16 press release. OFAC designated Moussa as a Specially Designated Global Terrorist for working with the group Jama’at Nusrat al-Islam wal-Muslimin (JNIM), which was so designated in 2018, Treasury said.
The European Union threatened more sanctions on Venezuela if no “concrete results” are reached during the upcoming negotiations scheduled between Venezuelan leader Juan Guaido and opposition-party leader Nicolas Maduro, the EU Council said in a July 16 press release. The council said it welcomes the negotiations, which are being brokered by Norway, and said the two sides must reach a “genuine engagement” that results in “internationally monitored elections.” If not, “the EU will further expand its targeted measures,” the council said.
The European Union Council renewed sanctions against North Korea, including asset freezes on entities and people who contribute to the country’s ballistic missile programs and sanctions evasions, the council said in a July 15 press release. The council said its sanctions against North Korea are the toughest against any country and will be lifted if there is a “complete, verifiable and irreversible denuclearisation of the Korean Peninsula.” The sanctions regime targets 57 people and nine entities.
The European Union is looking at options for potential Turkey sanctions “in light of Turkey’s continued drilling activities in the Eastern Mediterranean,” the European Council said in a July 15 press release. The council directed the European Commission to “continue work on options for targeted measures” directed at Turkey. The announcement stems from Turkey’s “illegal” drilling west and northeast of Cyprus despite the EU’s “repeated calls” to stop, the council said.