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DDTC to Hold Webinar on Defense Service Agreements
May 28, 2021 |Other U.S.

The State Department’s Directorate of Defense Trade Controls will hold a June 8 webinar on defense service agreements, the agency announced May 27. Officials from DDTC’s information technology modernization team and licensing division will answer common questions on submitting agreement requests to DDTC and explain the submission process in the Defense Export Control and Compliance System. There will also be a question-and-answer period.

Biden Announces Nominations for 2 Sanctions Officials
May 27, 2021 |Other U.S.

President Joe Biden on May 26 officially announced nominations to fill two senior Treasury Department positions that oversee sanctions (see 2104300068). Biden nominates attorney Brian Nelson to be undersecretary of the Terrorism and Financial Intelligence office, which oversees the Office of Foreign Assets Control. He also nominates Treasury adviser Elizabeth Rosenberg for assistant secretary of terrorist financing.

State Dept. to Update Defense Trade Policies Toward Ethiopia
May 26, 2021 |Other U.S.

The State Department plans to revise its defense trade policies, due to concerns about the ongoing crisis and human rights violations in Ethiopia’s Tigray region, the agency said May 23. While the State Department has already “imposed wide-ranging restrictions on economic and security assistance to Ethiopia,” Secretary of State Antony Blinken said the agency will also “bring our defense trade control policy in line with” those restrictions. Blinken also announced visa restrictions against current and former Ethiopian government and military officials.

State Dept. Approves Military Sale to Spain
May 26, 2021 |Other U.S.

The State Department approved a $110 million military sale to Spain, the Defense Security Cooperation Agency said May 24. The sale includes follow-on contractor logistics support for “MQ-9A Blk 5” aircraft and related equipment. The prime contractor will be General Atomics.

BIS Issues Reminder to Submit Offsets Agreements Reporting
May 26, 2021 |Other U.S.

U.S. companies that sell defense products or services to foreign countries or entities must report all offsets agreements greater than $5 million to the Bureau of Industry and Security by June 15, the agency said in a May 25 notice. Companies also must report information on offsets transactions completed “in performance of existing offsets commitments for which offsets credit” of $250,000 or more “has been claimed from the foreign representative,” the notice said. Commerce is asking for reports of offsets agreements that took place during the 2020 calendar year.

Topics:Commerce Control List, Export Control Classification Number (ECCN)
US, South Korea Commit to Supply Chain Collaboration During Industry Roundtable
May 25, 2021 |Other U.S.

The U.S. and South Korea hosted a roundtable with business leaders from both countries to stress the importance of “significant cross-border investments” and supply chain resilience, the Commerce Department said in a May 23 news release. During the May 21 roundtable -- which included Commerce Secretary Gina Raimondo and South Korea's President Moon Jae-In and Trade Minister Moon Sung Wook -- South Korean companies announced plans to invest $17 billion in semiconductor manufacturing in the U.S., the release said. The two sides also committed to collaborate on “international standards development,” an area where China has sought to lead in several advanced technology sectors (see 2103160047). Companies at the roundtable included Samsung, Hyundai, Qualcomm and General Motors.

State Dept. Says 5 Countries Still Not Cooperating With Antiterrorism Efforts
May 25, 2021 |Other U.S.

The State Department again determined Iran, North Korea, Syria, Venezuela and Cuba are not “cooperating fully” with U.S. antiterrorism efforts, a notice published May 25 said. Under the Arms Export Control Act, no defense article or defense service may be sold or licensed for export to a foreign country that is determined not to be cooperating, unless a waiver is granted.

Census Publishes Blog Post on Trade Tools to Assist Exporters
May 24, 2021 |Other U.S.

The Census Bureau published a blog post on its Global Market Finder (GMF) and other agency tools and services designed to assist exporters. The GMF, an “interactive data visualization tool,” can help exporters expand to other markets by showing the types of commodities imported by other countries and their unit price, Census said in the May 18 post. The agency also encouraged exporters to use its USA Trade Online tool, which provides “current and cumulative” data on exports and imports.

State Dept. OKs Military Sale to Greece
May 21, 2021 |Other U.S.

The State Department approved a $165 million military sale to Greece, the Defense Security Cooperation Agency said May 19. The sale includes technical and logistics support services for Greece’s air force. There are no principal contractors.