Trade frameworks with Argentina, El Salvador, Guatemala and Ecuador have all those countries pledging to "enhance cooperation with the United States to combat non-market policies and practices of other countries. The ... countries have also committed to identifying tools to align approaches to export controls, investment security, duty evasion, and other important topics."
The Office of Foreign Assets Control on Nov. 13 sanctioned the Mexico-based Hysa Organized Crime Group (HOCG), a transnational criminal organization, and five members of the Hysa family for laundering drug-trafficking proceeds through various Mexico-based businesses.
Center for Strategic and International Studies adviser Bill Reinsch, who served as undersecretary of commerce for export administration for seven years earlier in his career, said he thinks loosening up export controls on AI-capable chips is the right move, but he regrets that exports to the United Arab Emirates are the prominent example.
The Information Technology and Innovation Foundation (ITIF) asserted in a new report that controls on semiconductor sales to China should be kept to a minimum to ensure that U.S. chipmakers have enough revenue to develop new products, remain competitive internationally and sustain American jobs.
Rep. Raja Krishnamoorthi, D-Ill., the ranking member of the House Select Committee on China, is asking Commerce Secretary Howard Lutnick to tell him whether allied governments were consulted before the White House announced that chip exports from Nexperia's China factory would resume, suggesting that the EU was caught flat-footed at the development. Nexperia makes semiconductors used in automobiles.
Although the U.S. has had “limited success” in coordinating foreign investment screening with the EU, partly due to a lack of consensus among the bloc’s member states, recent developments suggest that the U.S. should try again, the Atlantic Council said in a new report on China policy.
The Office of Foreign Assets Control on Nov. 12 sanctioned 32 individuals and entities for operating procurement networks that support Iran’s ballistic missile and unmanned aerial vehicle (UAV) production.
The Office of Foreign Assets Control on Nov. 12 sanctioned the Democratic Karen Benevolent Army (DKBA), a Burmese armed group, for supporting Myanmar-based cyber scam centers that target Americans with fraudulent investment schemes.
The recent export controls suspended by the Chinese government created a new framework for export controls that could quickly be reinstated should tensions between the U.S. and China flare up again, according to compliance experts.
The Bureau of Industry and Security again renewed a temporary denial order on Russia's Rossiya Airlines, saying the company has continued to illegally operate planes in violation of U.S. export controls, including on flights between Russia and Uzebekistan and Russia and Egypt, as well as domestically within Russia. The agency renewed the denial order for one year from Nov. 4. BIS first suspended the export privileges of the airline in May 2022 (see 2205200008) and has renewed the order multiple times. The order blocks Rossiya from participating in transactions subject to the Export Administration Regulations.