The Bureau of Industry and Security will ease export controls on Syria Sept. 2 by creating a new license exception for the country, making it eligible for a broader set of existing exceptions and revising current BIS license review policies for Syria to “be more favorable.”
The Office of Foreign Assets Control this week sanctioned two people and two entities for helping North Korea deploy information technology workers at foreign companies to generate revenue for its government.
The Office of Foreign Assets Control is renewing a general license that authorizes certain imports of Russian non-industrial, unsorted diamonds that were substantially transformed outside of Russia. General License 104A, which replaces 104, authorizes those imports as long as the diamonds were located outside of Russia on March 1, 2024, for diamonds weighing 1 carat or more, and Sept. 1, 2024, if they weigh more than 0.5 carats but less than 1 carat. The license was set to expire Sept. 1 (see 2408230043), but it now expires on that date in 2026.
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Rachel Alpert has left her role as chief counsel for the Office of Foreign Assets Control, she announced on LinkedIn. She was named to the position in October 2023 (see 2310250061).
The Office of Foreign Assets Control is officially removing its Syrian Sanctions Regulations from the Code of Federal Regulations after President Donald Trump earlier this year ended the national emergency that authorized those sanctions (see 2506300055 and 2507010012). The change is effective Aug. 26.
Delisting decisions at the Office of Foreign Assets Control are increasingly being driven by outside voices, leading to removals that lack transparency and interagency discussion, a former OFAC official said.
The U.S. this week sanctioned Greek national Antonios Margaritis, his network of companies and other businesses, and vessels shipping Iranian energy products.
The Office of Foreign Assets Control this week removed sanctions from a Cypriot company -- along with one of its senior officials -- that it designated in 2021 for its ties to the Alexander Lukashenko regime in Belarus.
Export Compliance Daily is providing readers with the top stories from last week, in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.