European officials last week called for more EU-U.S. cooperation on China policy, particularly around trade restrictions, to respond to Beijing’s unfair market practices and deter its military.
Ian Cohen
Ian Cohen, Deputy Managing Editor, is a reporter with Export Compliance Daily and its sister publications International Trade Today and Trade Law Daily, where he covers export controls, sanctions and international trade issues. He previously worked as a local government reporter in South Florida. Ian graduated with a journalism degree from the University of Florida in 2017 and lives in Washington, D.C. He joined the staff of Warren Communications News in 2019.
Although some industries may initially have an easier time complying with the EU’s new anti-deforestation rules when they take effect at the start of next year, others may face a learning curve trying to ramp up their due diligence efforts, supply chain sustainability lawyers and advisers said this week. They also warned that EU companies that trade in large volumes of goods subject to the new law likely won’t be able to comply using only a manual due diligence process.
The U.S. is trying to convince more of its allies to increase export controls on advanced semiconductors and chip making equipment destined to China, but some haven’t committed, in part because they’re worried about possible trade retaliation from Beijing, said Alan Estevez, undersecretary of the Bureau of Industry and Security.
The Bureau of Industry and Security is revising its regulations so that export controls don’t “impede or jeopardize” U.S. participation in international standards-setting bodies and other standards-related activities (see 2406180014), the agency said in an interim final rule released July 17.
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The Census Bureau plans to soon issue a rule that could clarify regulations governing in-transit shipments that travel through the U.S. from foreign countries before being exported to another foreign destination.
The State Department’s recently published spring 2024 regulatory agenda mentions several rules that could update defense export controls under the International Traffic in Arms Regulations, including one that would update ITAR language surrounding defense services and another to revise controls for certain circuit boards and semiconductors.
A Dutch construction equipment supplier will pay nearly $2 million after the Netherlands accused it of violating sanctions against Russia, the country’s public prosecutor office said last week. The Dieseko Group reached the settlement after the Netherlands said it sold pile drivers and related parts in 2015 and 2016 for the construction of the Crimean Bridge, which linked Russia and Crimea.
The Commerce Department’s spring 2024 regulatory agenda for the Bureau of Industry and Security features a range of upcoming rules that could update and expand U.S. export control regulations, including new controls on the activities of U.S. persons in support of foreign military and intelligence agencies, revised regulatory language to address “diversion concerns,” new multilateral restrictions on emerging technologies and broader license requirements for Pakistan.
The EU last week called on traders to bolster their export compliance programs, warning that it plans to continue expanding its restrictions on Russia and will target more third-country customers illegally transshipping controlled items to Russia’s military.