The House Foreign Affairs Committee is renewing a push to pass a bipartisan bill that could expand the Treasury Department’s upcoming outbound investment prohibitions to cover more Chinese technology sectors and additional countries. But some lawmakers disagree on the best way to scope U.S. investment restrictions under the bill, arguing that they should be imposed through individual sanctions on specific entities rather than on whole technology industries.
The State Department gathered an undisclosed “group of countries” last week to “strategize” on ways to curb the supply of parts to Iranian drones, a department official said Jan. 17.
The U.K. on Jan. 15 corrected one entry under its Russia sanctions regime, one under its Belarus sanctions regime and two entries its ISIL (Da'esh) and al-Qaida sanctions regime.
The European Commission is urging anyone with information on Russia- or Belarus-related sanctions evasion to submit tips under its online EU sanctions whistleblower tool (see 2203080030). The online tool allows whistleblowers to submit reports anonymously, the bloc said in a Jan. 14 post on the social media platform X.
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The EU should require member states to report Russia-related sanctions enforcement data, audit their sanctions implementation efforts and step up enforcement against violators, a think tank network said in a set of 11 policy recommendations for 2024. The group said implementation and enforcement of Russia sanctions “will be critical” this year.
The House on Jan. 12 passed a bill aimed at helping the Treasury Department find terrorists, Russian oligarchs and corrupt government officials.
The Office of Foreign Assets Control last week removed sanctions for 9H-OKO, an aircraft that it had sanctioned in 2022 for being owned by Emperor Aviation, a Malta- and Russia-based aircraft management company. The agency didn’t provide more information about the removal.
A new set of U.S. sanctions last week targeted one person and three entities involved in transferring and testing missiles shipped between North Korea and Russia, the State Department said.
Turkish trading company Cncform Group is selling computer numerical control machines to Russian importers with ties to sanctioned Russian aviation companies and military end users, according to compliance risk advisory firm Kharon.