Treasury Secretary Scott Bessent this week echoed earlier comments from the White House that said the administration is open to expanding its Nvidia and AMD revenue-sharing export arrangements to other companies or industries (see 2508120049). He said the U.S. is OK negotiating export controls over Nvidia’s H20s chips because they present no national security issues.
The European Commission this month updated its sanctions guidance on banned Russian diamonds, including sections related to tracing diamond imports, required certifications and verifications, resources for importers and more.
The U.K. on Aug. 12 amended or corrected a total of four entries under its sanctions regimes covering cyberattacks, Iraq and global irregular migration and trafficking in persons.
An active-duty service member of the U.S. Army was charged with trying to send national defense information to a foreign adversary and trying to export controlled technical data, DOJ announced Aug. 6. Taylor Lee, stationed at Fort Bliss in El Paso, Texas, allegedly tried to send information on the M1A2 Abrams tank, an "armored fighting vehicle used by the U.S. military" and combat operations to the Russian military.
Senate Foreign Relations Committee ranking member Jeanne Shaheen, D-N.H., said Aug. 7 that she plans to “redouble” her efforts to enact a bill to sanction officials who undermine democracy in the Republic of Georgia.
The Trump administration has failed to use sanctions and export controls to help end Russia’s war against Ukraine, the Democratic staffs of the Senate Banking and Foreign Relations committees said in a report released this week.
Estonia has recently seen an uptick in shipments of imported plywood that it suspects of violating EU sanctions against Russia, the country’s tax and customs agency said this month.
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The U.K. this week revised its Russia-related sanctions evasion guidance to update its list of countries and items that pose high risk of sanctions circumvention.
Senate Foreign Relations Committee ranking member Jeanne Shaheen, D-N.H., and Sen. John Cornyn, R-Texas, who's also on the committee, introduced a bill Aug. 1 that could lead to additional sanctions on China for providing dual-use items to Russia’s war against Ukraine.