A congressional proposal to allow the Committee on Foreign Investment in the U.S. to reopen or alter previously mitigated transactions when national security risks have increased would discourage foreign investment in the United States, an expert at the Center for a New American Security said in written comments posted Jan. 4.
Madagascar opened a safeguard investigation Dec. 27 on polypropylene woven sheaths and bags, the island nation told the World Trade Organization's Committee on Safeguards, the WTO announced. Madagascar said interested parties should tell the investigating authority within 30 days from the date of the initiation of the investigation, which was Dec. 27, if they wish to submit comments on the proceeding.
The leaders of the House Select Committee on China urged the Defense and Treasury departments on Jan. 4 to blacklist China-based Quectel Wireless Solutions, saying the manufacturer of Internet connectivity modules has troubling ties to the Chinese military.
DHS is drafting a proposed rule that could mandate electronic export manifest for all cargo leaving the U.S. by rail, according to the agency’s recently released fall 2023 regulatory agenda. The proposed rule would require filers of that electronic export information to “identify the parties eligible to transmit information, describe the time frames prior to departure of the train in which the information is due, and identify an initial filing that must occur 24 hours prior to departure from the port of export while requiring that remaining data be transmitted at least two hours prior to such departure.”
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