President Donald Trump said June 27 he had been working on a plan to remove Iran sanctions, but he decided against the plan after objecting to comments recently made by Iranian leader Ayatollah Ali Khamenei.
The U.K. is looking to strengthen its export controls and broader trade defense “toolkit” to better guard against economic threats by third countries, the country said in its 100-page trade strategy released last week.
The Bureau of Industry and Security could streamline and strengthen its export license review process by improving its information sharing with other agencies involved in the process, especially the Defense, Energy and State departments, according to a new report by the Government Accountability Office.
European Parliament members this month urged the EU to step up sanctions against the Georgian government, list Iran's Islamic Revolutionary Guard Corps as a terrorist organization and designate Iranian officials for human rights breaches.
Kyrgyz national Sergei Zharnovnikov pleaded guilty June 25 to conspiracy to illegally export firearms and ammunition to Russia, the U.S. Attorney's Office for the Eastern Dstrict of New York announced. He faces a maximum of 20 years in prison.
President Donald Trump’s comment June 24 that China can now buy Iranian oil despite U.S. sanctions (see 2506240049) drew mixed reactions on Capitol Hill.
Rep. Joe Wilson, R-S.C., introduced a bill June 24 that would direct the executive branch to determine whether it should designate the Polisario Front as a foreign terrorist organization and sanction the Algeria-based paramilitary group.
Rep. Ann Wagner, R-Mo., reintroduced a bill June 25 that would impose property-blocking sanctions on foreign entities and individuals who undermine the 1995 peace agreement that ended the Bosnian War.
The Treasury Department’s Financial Crimes Enforcement Network soon will issue a rule designating three Mexican financial institutions as primary money laundering concerns, which will block U.S. banks, securities brokers and other money services businesses from transmitting certain funds involving those entities.
The U.S. and EU last week organized an export control workshop in Hanoi, Vietnam, to help Vietnam implement trade controls over sensitive items, a State Department spokesperson told Export Compliance Daily. The meetings featured officials from the State Department's Export Control and Related Border Security Program and the EU's Partner-to-Partner Export Control Program, initiatives aimed at helping other nations establish effective controls over weapons and critical technologies. The workshop, held June 18-20, specifically looked to support Vietnam's "licensing of dual-use items," a State Department spokesperson said. Officials from South Korea also attended.