Shipping industry officials last week called for a uniform, global set of rules and sanctions to address a rise in shadow fleet vessels, saying those tankers are presenting increasing safety and security risks for the maritime industry.
The European Commission's next sanctions package against Russia will ban imports of Russian liquefied natural gas, designate more shadow fleet vessels, target more Russian banks, introduce new export controls and more, President Ursula von der Leyen announced last week.
Planet Labs, a California-based Earth imaging company, disclosed this month that it has submitted a voluntary self-disclosure to the Bureau of Industry and Security about potential export control violations.
Beijing’s directive this week that banned its top technology companies from buying certain Nvidia chips could be aimed at boosting its leverage amid trade negotiations with the U.S., technology policy analysts said. But they also said the U.S. shouldn’t assume the ban is just a negotiating tactic, arguing that it may signal that China is doubling down on efforts to reduce its dependence on advanced U.S. chips and other technologies.
The State Department has been approving the vast majority of export license applications involving South Korea, a senior agency official said this week, stressing that the government doesn’t want to be an impediment to defense trade with the close U.S. ally.
The State Department is changing the way it treats exports of unmanned drones, a shift that's expected to allow firms to more easily obtain export approvals.
The Bureau of Industry and Security has removed certain export restrictions from aircraft belonging to Belavia, the state-owned flagship carrier of Belarus, as part of sanctions relief that the Trump administration has offered to the country in recent days.
President Donald Trump is getting closer to ramping up financial sanctions pressure against Russia for its failure to agree to a peace deal with Ukraine, said Keith Kellogg, the president’s special envoy for Ukraine.
The Bureau of Industry and Security has started restricting the public sessions of its technical advisory committee meetings, a move that has jeopardized a crucial outlet for industry feedback about new regulations, current and former administration officials and industry representatives said.
The Bureau of Industry and Security last week added 32 entities to the Entity List, most of them based in China, for either circumventing export controls on China, supplying controlled items to Russia, evading BIS end-use checks, supporting China’s military modernization, or other activities that BIS said breached U.S. export rules.