The U.S. is giving oil company Chevron more time to wind down certain oil activities in Venezuela that had been authorized by an Office of Foreign Assets Control general license, OFAC said March 24.
The Bureau of Industry and Security is adding 82 entities, mostly in China, to the Entity List, it said in two final rules released March 25. One notice, effective March 25, adds 11 mainland China-based companies and one Taiwanese company for trying to illegally buy export-controlled items for the country’s military or for having other ties to Chinese military end users. Another notice, effective March 28, will add 42 entities in China, 19 in Pakistan, four in the United Arab Emirates, three in South Africa and two in Iran for a range of reasons that are “contrary to the national security and foreign policy” of the U.S., including some for contributing to China’s quantum technology capabilities.
Companies moving export-controlled goods should generally require customers to fill out end-user and end-use statements for all transactions, even if the shipments are for less sensitive EAR99 items, Commerce Department officials said.
Sponsors of a recently reintroduced House bill that could lead to sanctions on certain foreign telecommunications firms are looking into several potential avenues for getting the legislation passed, a congressional aide said March 21.
Senior Bureau of Industry and Security officials haven’t yet been given orders by the Trump administration on several key export control policy issues, including possible plans to soon relax export controls against Russia, multiple Commerce Department officials said last week.
The U.K. opened a record number of sanctions-related investigations during the 2023-24 fiscal year and is expecting to soon issue multiple Russia-related penalties, the country’s Office of Financial Sanctions Implementation said in its annual report published March 21.
The Commerce Department’s long-awaited proposed rule on routed exports is essentially ready to be published, but it’s unclear how long it may take the new Trump administration to give the agency the green light, officials said last week.
The Bureau of Industry and Security is working on multiple export control-related investigations that could soon lead to public penalties and criminal indictments, Commerce Department officials said last week. They also said BIS is doubling down on Iran-related enforcement as part of the Trump administration's renewed maximum pressure campaign against the country.
The U.K.'s Office of Financial Sanctions Implementation fined the Russian subsidiary of British law firm Herbert Smith Freehills about $600,000 for violating U.K. sanctions on Russia. The firm was penalized for six payments it made worth over $5 million to sanctioned Russian banks Alfa-Bank JSC, PJSC Sovcombank and PJSC Sberbank.
The U.S. District Court for the Western District of Kentucky declared a mistrial in a case against defense contractor Quadrant Magnetics for violating export controls after the government sent the company thousands of pages of documents relevant to the case immediately prior to and during the company's trial (United States v. Quadrant Magnetics, W.D. Ky. # 3:22-00088).