The U.K. this week lifted sanctions on a range of entities that had ties to the overthrown Bashar al-Assad regime in Syria while keeping sanctions on people still connected to the regime or involved in illegal Syrian drug trade.
Although President Donald Trump has ordered his administration to reimpose maximum sanctions pressure against Iran, a State Department spokesperson on March 6 declined to say whether the U.S. plans to allow a waiver to expire this week that has authorized exports to Iraq of Iranian gas and electricity.
The Office of Foreign Assets Control on March 6 again extended a general license that continues to delay an exemption that would authorize certain transactions related to Petroleos de Venezuela, the country’s state-owned energy company. General License 5R, which replaced GL 5Q, now authorizes certain transactions with PdVSA involving an 8.5% bond on or after July 3. The previous license was set to allow those transactions to occur on or after March 7.
The Senate Banking Committee voted 13-11 along party lines March 6 to approve Washington trade lawyer Jeffrey Kessler to be undersecretary of commerce for industry and security, sending his nomination to the full Senate for its consideration.
Although the Bureau of Industry and Security recently resumed processing certain license applications that it had paused in early February as part of a broader export control policy review, the agency is still holding applications for a range of items destined to countries outside a group of about 40 U.S. allies and other trading partners, two people with knowledge of the holds said.
The U.S. should establish “some kind of new unit in our government” to focus on competing with China, a researcher told the House Homeland Security Committee March 5.
Rep. Ryan Mackenzie, R-Pa., introduced a bill March 3 to repeal the sunset provision of the Iran Sanctions Act of 1996. The existing law, which calls for sanctioning Iran’s weapons programs and support for terrorism, is scheduled to sunset at the end of 2026. The bill, entitled the Solidify Iran Sanctions Act, was referred to the House Foreign Affairs, Financial Services, Ways and Means, Judiciary, and Oversight and Government Reform committees.
Lionel Dumont, a French national who had been subject to U.N. Security Council sanctions for his ties to terrorism, was removed from the U.N.’s ISIL (Da’esh) and al-Qaida sanctions list last month (see 2502250012) after submitting a delisting request, according to a copy of a U.N. document emailed to industry March 4 by Australia's sanctions office. Australia said it updated its sanctions list to reflect the change.
The Office of Foreign Assets Control this week sanctioned senior members and operatives of the Yemen-based Houthis, the group designated by the Trump administration as a foreign terrorist organization (see 2503040008). OFAC said the officials smuggled military items and weapon systems into Houthi-controlled areas of Yemen, negotiated Houthi weapons procurements from Russia, or have recruited Yemeni civilians to fight for Russia in Ukraine.
The U.S. this week sanctioned Shanghai-based Zhou Shuai and his company, Shanghai Heiying Information Technology Co., for illegally acquiring, brokering and selling data from “highly sensitive U.S. critical infrastructure networks.” OFAC said he has sold “illegally exfiltrated data” and access to compromised computer networks to other Chinese cyber hackers, including Yin Kecheng, who was allegedly involved in the recent reported hacking of the Treasury Department by the Chinese government (see 2501170072 and 2501020009). DOJ is offering up to $2 million for information leading to the arrest or conviction of Zhou and Yin.