The U.S. announced sanctions on people, property and entities in Mali contributing to the country’s terrorism, drug trafficking, human trafficking and human rights abuses, the White House said in a July 26 executive order. The sanctions impose asset freezes, restrict U.S.-related travel and block certain donations to Mali by anyone targeted with the measures.
The Office of Foreign Assets Control’s amendments to its reporting, procedures and penalties regulations are unnecessary, unclear and “overly burdensome” on the U.S. forwarding industry, the National Customs Brokers & Forwarders Association of America said in comments to the agency. The comments stem from OFAC’s June 21 interim final rule on the regulations’ amendments, which expands the scope of certain transactions that must be reported to the Treasury (see 1906200036). The American Association of Exporters and Importers also criticized the amendments, saying they have caused U.S. companies a “great deal of confusion” (see 1907230054).
As the U.S. and the European Union continue to impose diverging sanctions measures, global businesses are being tasked with increasingly challenging compliance dilemmas, several trade experts said during a July 25 KPMG webinar. Companies are facing more strategic decisions about which countries they can and cannot afford to trade with and are reconsidering multiyear contracts because of the constantly changing sanctions landscape, the experts said.
Senate Committee Passes Bill That Would Sanction Those Involved in Yemen Conflict, Khashoggi Killing
The Senate Foreign Relations Committee passed a bill on July 25 that would sanction people who are blocking access to Yemeni ports, supporting the Houthi movement in Yemen or were involved in the death of journalist Jamal Khashoggi, the committee said in a July 25 press release. The bill specifically mentions those “hindering the efforts” of the United Nations and other organizations trying to provide humanitarian relief in Yemen and would sanction companies that sell defense-related items or services to the Houthi movement in Yemen. The bill, titled the Saudi Arabia Accountability and Yemen Act of 2019, asks the president to sanction those involved in the Yemen conflict under the International Emergency Economic Powers Act and sanction those involved in the Khashoggi murder, including “any official of the government of Saudi Arabia,” under the Global Magnitsky Human Rights Accountability Act.
The Treasury’s Office of Foreign Assets Control issued an amended general license on July 26 that authorizes certain transactions with Petroleos de Venezuela, S.A., Venezuela's state-run oil company. General License 8B, replacing General License 8A, authorizes certain transactions made before July 26 that are necessary to maintain agreements with Venezuela. The license authorizes the transactions for Chevron Corp., Halliburton, Schlumberger Ltd., Baker Hughes and Weatherford International, the license says. The transactions are authorized until Oct. 25.
If the United Kingdom leaves the European Union on a “hard Brexit,” the U.K. will likely make use of more flexible licensing powers, publish more sanctions guidance and may quickly impose its own set of sanctions on human rights violations, said Maya Lester, a U.K.-based sanctions lawyer, during a KPMG webinar on July 25.
Japan’s Ministry of Economy, Trade and Industry released a July 24 statement about Japan’s ongoing dispute with South Korea, saying South Korea’s position on “catch-all controls” are “unclear” and criticizing South Korea for continuously postponing “policy dialogue” talks.
The Treasury’s Office of Foreign Assets Control sanctioned a Colombian national, his business associates, family members and a collection of shell companies that has propped up the Nicolas Maduro regime through food imports and distribution in Venezuela, Treasury said in a July 25 press release. OFAC sanctioned Alex Nain Saab Moran, nine other associates and 13 entities for participating in the scheme.
The State Department is seeking public comments on an advance notice of proposed rulemaking that would consolidate and clarify exemptions in the International Traffic in Arms Regulations, the agency said in a notice. The State Department is specifically seeking comments about whether any of the exemptions are “redundant” or “contain language that introduces significant ambiguity or hinders the exemption’s intended use,” the notice said. The notice is scheduled to publish July 26. State is in the process of reorganizing the ITAR (see 1907120011). Comments are due by Aug. 26.
CBP hopes its Electronic Export Manifest system reduces costs and waiting times for U.S. exporters, who are being burdened by CBP’s “antiquated process for exports,” said Jim Swanson, director of CBP’s Cargo and Security Controls Division, at the agency’s Trade Symposium in Chicago on July 25.