House Select Committee on China ranking member Rep. Raja Krishnamoorthi, D-Ill., is expected to run to replace Sen. Dick Durbin, D-Ill., who announced April 23 that he will not seek re-election next year. Krishnamoorthi has been active on a wide range of export control issues, such as pushing to curb shipments of advanced computing chips to China (see 2501300067).
The U.K. Office of Financial Sanctions Implementation on April 23 added three FAQs to address issues surrounding the use of sanctions licenses that mention Rosbank PJSC and Bank Otkritie.
The Commerce Department should conduct a “comprehensive evaluation” of the export controls it has imposed on the U.S. semiconductor industry in recent years to determine whether they are achieving their goal of protecting national security, the Semiconductor Industry Association (SIA) said.
The Bureau of Industry and Security said April 24 that it added 18 entities to its Unverified List after it was unable to verify the “legitimacy and reliability” of the parties through end-use checks, including their ability to responsibly receive controlled U.S. exports. It also removed five companies from the list. The added entities are located in China, Finland, Italy, Kazakhstan, Turkey and the U.K., while the removed ones are in China and the United Arab Emirates.
Secretary of State Marco Rubio told Trinidad and Tobago Prime Minister Stuart Young that he will work very closely with Young's administration "to find a solution that achieves U.S. objectives regarding Venezuela without harming Trinidad and Tobago."
The Office of Foreign Assets Control sanctioned Iranian national and liquified petroleum gas (LPG) magnate Seyed Asadoollah Emamjomeh and his corporate network April 22, saying they shipped hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets, which generated revenue for Iran’s nuclear and ballistic missile programs and terrorism proxies.
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The Bureau of Industry and Security's recent rules that expanded foreign direct product rule restrictions over chip equipment (see 2412020016) and set new foundry due diligence rules (see 2501150040) are already hurting U.S. companies, the U.S.-China Business Council said, including by incentivizing foreign firms to design U.S.-origin goods out of their chip supply chains.
China plans to sanction U.S. lawmakers, “officials” and heads of non-governmental organizations in response to the State Department’s sanctioning of six Hong Kong government and police officials, China Foreign Ministry spokesperson Guo Jiakun said April 21 at a regular press conference, according to a translation the ministry provided in English.
A purported draft executive order to reorganize the State Department that served as the basis for a New York Times article is a "fake document,” an agency spokesperson said in an email April 21.