The Senate Appropriations Committee unveiled and approved an FY 2025 Commerce-Justice-Science Appropriations Bill July 25 that would provide $206 million for the Bureau of Industry and Security, $17 million below the Biden administration’s request but $15 million above the FY 2024 enacted level and $19.3 million above what the House Appropriations Committee has proposed (see 2403110065 and 2406250035).
The Biden administration is considering imposing additional economic sanctions on Georgia in response to the country’s recent anti-democratic actions, a State Department official told a congressional panel July 23.
The Office of Foreign Assets Control this week sanctioned a network of people and companies in China involved in procuring items for North Korea’s weapons programs, which the country is using to provide missiles to Russia’s military. OFAC said North Korea is relying on this Chinese network to buy foreign-sourced materials and parts that it can’t produce domestically. The companies “consolidate and repackage items for onward shipment” to North Korea, the agency said, and hide the “true end-user” from the manufacturers and distributors of those items.
The Biden administration should seek to remove trade barriers that are making it difficult for American producers of liquor and liquefied natural gas (LNG) to export their products to India, a member of Congress said July 23.
The Council of the European Union on July 22 sanctioned four people and two entities for "serious human rights abuses," including the systematic use of sexual and gender-based violence in Syria, Ukraine, North Korea and Haiti.
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A new research briefing by the U.K. Parliament's House of Commons examines the current state of sanctions against Russia, allied efforts to tackle sanctions evasion and the top countries continuing to support Russia’s military despite the restrictions: China, Iran, North Korea and Belarus. The 24-page report notes that the “focus” of the Group of 7 countries, along with the EU, has recently shifted to “preventing sanctions evasion and closing any remaining loopholes in the existing regime,” although Russia continues to find workarounds. The report said “questions remain” over “the effectiveness of those sanctions as Russia has sought alternative markets and established new trade routes and methods for circumvention.”
The Council of the European Union on July 22 renewed its sanctions regime on Russia for another six months, extending the restrictions until Jan. 31. The regime includes a range of individual, sectoral, trade, financial and servicing restrictions.
After U.S. National Security Adviser Jake Sullivan last week said the Biden administration is preparing new sanctions against Chinese entities, including possibly financial institutions, for supporting Russia's military, China said it “firmly rejects all kinds of illicit unilateral sanctions” that the U.S. may be considering.
The U.K. on July 18 sanctioned various oil tankers that transport Russian oil, in an effort to "crack down on Russia's 'shadow fleet,'" the U.K. Prime Minister's Office announced. Eleven Russian ships were sanctioned, including the Rocky Runner, which previously attempted to evade British restrictions by "changing its operator."