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.
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 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 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.
Outgoing Bureau of Industry and Security Undersecretary Alan Estevez said he would advise his successor to continue coordinating export controls with allies and to not immediately turn to extraterritorial restrictions, such as the foreign direct product rule.
Many signs are pointing toward the incoming Trump administration embracing the new sweeping U.S. export controls on AI chips, an AI technology policy researcher said this week.
A new Bureau of Industry and Security rule that will place new, worldwide export controls on advanced computing chips and certain closed artificial intelligence model weights was widely panned by the American semiconductor and technology industry this week, even as U.S. officials said the restrictions are necessary to keep American companies ahead of their Chinese competitors.
The U.S. announced a host of new sanctions against Russia’s energy sector last week, targeting major Russian oil producers, oil service providers and insurance companies, as well as vessels and traders moving Russian oil as part of the country’s shadow fleet. The Office of Foreign Assets Control also issued two new determinations that authorize sanctions against any person or entity with ties to Russia’s energy sector and that block the provision of U.S. petroleum services to parties in Russia, and it announced it will soon be ending a general license that had authorized certain Russia-related energy payments.
The Biden administration’s upcoming AI chip-related export controls likely will upset key U.S. allies, especially the EU, by reinforcing the notion that the U.S. relies too heavily on extraterritorial controls and is “hellbent” on maintaining American technology leadership, the Center for European Policy Analysis said this week.
ASML, the major Dutch semiconductor tooling firm, is being accused of misleading investors about how its projected China sales and revenues were impacted by recently imposed export controls.