Senators Aim to Increase Coordination on Export Controls, Sanctions
Sens. Marco Rubio, R-Fla., and Jeff Merkley, D-Ore., introduced a bill Sept. 12 that would require the Commerce, Defense and Treasury departments to notify each other when adding a foreign entity or person to an export control or sanctions list.…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The proposed Sanctions Lists Harmonization Act is intended to improve coordination among the agencies and “prevent bad actors, such as Communist China, Russia and Iran, from taking advantage of a disjointed policy,” Rubio said. The measure, which was referred to the Senate Banking Committee, is a companion to a bill the House passed Sept. 9 (see 2409100024).