The U.K. on May 8 amended one entry under its Russia sanctions regime, updating the listing for Said Mikhailovich Gutseriev. The amended listing now shows that Gutseriev worked as a director of various Russian financial services and energy extractive companies, which operate in "sectors of strategic significance to the Government of Russia."
China on May 7 voiced its opposition to the U.S. reportedly revoking the export licenses that Intel and Qualcomm use to sell certain semiconductors to Huawei (see 2405070081). The Ministry of Commerce said the move violates World Trade Organization commitments, according to an unofficial translation.
Florida resident Yuksel Senbol pleaded guilty on May 8 to conspiracy to violate the Export Control Reform Act, violating ECRA and violating the Arms Export Control Act, among other crimes, for her role in fraudulently procuring contracts to supply the Defense Department with "critical military components," DOJ announced.
Dennis Fitzpatrick, former assistant U.S. Attorney in the Eastern District of Virginia, has joined Whiteford as a partner working on national security matters, the firm announced. Whiteford said Fitzpatrick has experience with proceedings on export controls, sanctions evasion, money laundering and bribery.
Cambodia formally accepted the Agreement on Fisheries Subsidies May 6, moving the total number of countries that have accepted the deal to 73. The WTO requires 37 more to reach the two-thirds threshold needed for full acceptance of the agreement.
The European Commission on May 7 extended its antidumping and countervailing duties on cold-rolled stainless steel from Indonesia to cover Taiwan, Turkey and Vietnam, the Directorate-General for Trade announced. The commission said the extension of the measures is needed to "ensure the efficacy of the original measures on stainless steel from Indonesia."
Sullivan & Cromwell last week announced that it's creating a national security practice focusing on economic sanctions, anti-money laundering laws, Foreign Corrupt Practices Act investigations, foreign investment regulations, export controls and import restrictions.
Houston residents Muzzamil Zaidi and Asim Mujtaba Naqvi pleaded guilty last week for their role in a scheme to send money to Iran without permission from the Office of Foreign Assets Control, DOJ announced.
World Trade Organization members taking part in the Committee on Rules of Origin's April 29 meeting discussed ways to improve the "functioning of the committee" and use digital tools to "facilitate the work of delegates," the WTO said. Members discussed various measures to improve the committee, which included revamping the "rules of origin gateway page on the WTO website" by adding a guide for new delegates on the committee's work and an events page.
The EU and Japan on May 2 wrapped up the fifth EU-Japan High Level Economic Dialogue, announcing an initiative to work more closely on sustainable supply chains, the European Commission said. The two countries noted the need for collaboration on "climate change, energy security, cyber security and stability of supply, based on jointly agreed principles." The dialogue also stressed the importance of making sure the World Trade Organization "is reformed."