The Biden administration is making progress in its effort to persuade American allies to adopt outbound investment restrictions similar to the ones the U.S. is pursuing, a Treasury Department official said July 25.
Stopping U.S. firms from participating in RISC-V, an open-source semiconductor architecture that policymakers fear China will use to evade export controls, would only hurt American innovation and competitiveness, the Information Technology and Innovation Foundation said this month.
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.
The U.S. is trying to convince more of its allies to increase export controls on advanced semiconductors and chip making equipment destined to China, but some haven’t committed, in part because they’re worried about possible trade retaliation from Beijing, said Alan Estevez, undersecretary of the Bureau of Industry and Security.
If NATO considers adding Ukraine to the alliance, it should require the country to limit potential investment from China to address security concerns, according to a new report by Sen. Jim Risch, R-Idaho, the ranking member of the Senate Foreign Relations Committee.
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.
The State Department’s recently published spring 2024 regulatory agenda mentions several rules that could update defense export controls under the International Traffic in Arms Regulations, including one that would update ITAR language surrounding defense services and another to revise controls for certain circuit boards and semiconductors.
The Commerce Department’s spring 2024 regulatory agenda for the Bureau of Industry and Security features a range of upcoming rules that could update and expand U.S. export control regulations, including new controls on the activities of U.S. persons in support of foreign military and intelligence agencies, revised regulatory language to address “diversion concerns,” new multilateral restrictions on emerging technologies and broader license requirements for Pakistan.
The House Appropriations Committee has included several export control provisions in a new report accompanying its version of the FY 2025 Commerce-Justice-Science Appropriations Bill.
The Biden administration is having “a lot” of conversations with China to try to convince the country to stop shipping certain dual-use goods to Russia, and some of those conversations appear to be working, said Jay Shambaugh, the Treasury Department’s undersecretary for international affairs. But Shambaugh also said the U.S. wants Beijing to do more, and the administration is analyzing whether its current trade and financial restrictions are strong enough.