The Commerce Department’s fall 2024 regulatory agenda for the Bureau of Industry and Security features a host of new rules that could soon update U.S. export controls, including restrictions on aircraft engines, biological equipment and reporting requirements for certain weapons sales, AI chips.
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The Bureau of Industry and Security announced another set of changes to its semiconductor-related export controls Jan. 15, creating new lists of trusted chip designers and service providers, introducing new reporting requirements for certain higher-risk customers and making a host of other revisions, clarifications and updates to its existing restrictions, including its latest advanced AI chip controls released earlier this week.
The Bureau of Industry and Security is adding 27 technology companies to the Entity List, mostly in China, for helping Beijing make or procure advanced semiconductors or for supporting the country’s military modernization efforts through AI, the agency said in two final rules released Jan. 15 and effective Jan. 16. It’s also removing three entities tied to an Indian atomic energy agency.
The Bureau of Industry and Security is placing new export controls on certain laboratory equipment that can be used for biotechnology purposes that may threaten U.S. national security, the agency said in an interim final rule released this week.
The U.S. this week issued a host of new Russia-related sanctions, designating nearly 100 entities as Russia-related secondary-sanctions risks and a range of other people and companies that it said are helping Russia evade sanctions. The Treasury Department sanctions specifically target a “sanctions evasion scheme” helping people in Russia and China make international payments for sensitive goods and a Kyrgyzstan bank also helping Russia evade sanctions, while new State Department sanctions target more than 150 entities and people, including in China, for supporting Russia’s military industrial base.
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Philip Luck is leaving his role as the State Department’s deputy chief economist to become the new Scholl Chair in International Business at the Center for Strategic and International Studies, the think tank announced this week. Luck will focus on “issues at the intersection of economics and national security planning,” CSIS said, including U.S. technology competition and supply chain resilience. He will replace outgoing chair Bill Reinsch, a former Bureau of Industry and Security official during the Bill Clinton administration, who will continue to do research at CSIS.
John Goodrich, founder of trade compliance consultancy J.D. Goodrich and Associates, retired as of Jan. 1, according to his LinkedIn profile. The company’s website says that it’s no longer taking new clients.
Former Deputy Treasury Secretary Wally Adeyemo has left the Treasury Department to begin new fellowship roles with Columbia University’s Institute of Global Politics and Center on Global Energy Policy, the school announced on LinkedIn. As Treasury’s top official under Secretary Janet Yellen, Adeyemo helped oversee the Biden administration’s implementation of sanctions against Russia, the price cap on Russian oil, and more.
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