The new artificial intelligence export control framework introduced by the U.S. earlier this month could create diplomatic issues with Europe and force some European nations to diversify away from U.S. chips, a former U.S. official and a European policy researcher said this week.
The U.S. should prevent China from obtaining American technology it can use to advance its artificial intelligence capabilities, Commerce secretary nominee Howard Lutnick said Jan. 29.
Patrick Dierfield, a former senior sanctions compliance manager with cryptocurrency exchange Okcoin, is joining the Office of Foreign Assets Control as a sanctions regulations adviser, he announced on LinkedIn. Dierfield joined OFAC this month.
Rep. Chris Smith, R-N.J., a senior member of the House Foreign Affairs Committee, said late Jan. 27 that he plans to introduce legislation in the “coming weeks” to sanction Belarus over its “sham” presidential election.
A bill to sanction International Criminal Court (ICC) officials failed to gain enough votes to limit Senate debate on the measure Jan. 28, leaving its fate in doubt.
The European Union on Jan. 27 sanctioned three Russian individuals for their "malicious cyber activities against Estonia" carried out in 2020. The individuals are all officers of the General Staff of the Armed Forces of the Russian Federation Unit 29155. The officers gained unauthorized access to classified and sensitive information stored within Estonian government ministries, "leading to the theft of thousands of confidential documents," the Council of the EU said. Unit 29155 also conducts cyberattacks against other European nations, including Ukraine, the council said.
The auction process for ships to pass through the Panama Canal when the water is low, and the fact that a Hong Kong company owns ports by the entrance and exit of the Panama Canal were the focuses of a Senate hearing on the canal -- but the way Iranian ships used Panama to evade sanctions also came up.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
The Trump administration may be beginning to favor the use of trade policy tools like tariffs to replace sanctions to compel foreign policy, researchers said on a podcast hosted by the Center for a New American Security last week.
House Select Committee on China Chairman John Moolenaar, R-Mich., said Jan. 28 that the U.S. should place stronger export controls on technologies critical to the infrastructure of an advanced new Chinese artificial intelligence model.