The Bureau of Industry and Security this week extended by a month a public comment period to allow more time for feedback on the U.S.-EU Trade and Technology Council's Secure Supply Chains Working Group. BIS said it wants to allow commenters to “take into account any developments or announcements that may occur” during the TTC’s upcoming meeting in France May 15-16. Comments, originally due May 23 (see 2204050012), are now due by June 23.
The Transportation and Related Equipment Technical Advisory Committee is considering asking the Bureau of Industry and Security for more Russian export control guidance and is hoping to help address the agency's backlog of military end-user license applications, said committee Chair Ari Novis, chief global trade officer for Pratt & Whitney.
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 the title or by clicking on the hyperlinked reference number.
The U.S., the EU and the other G-7 members on May 9 announced a series of new sanctions and restrictions on Russia, including a ban on providing certain business management services to the country and a commitment to phase out imports of Russian oil. New U.S. restrictions include broader export controls and sanctions targeting Russian banking executives, a weapons manufacturer and state-owned media.
The U.S.-China competition will be the “geopolitical challenge for this generation,” Cordell Hull, principal at WestExec Advisors, told an online symposium May 5 on Indo-Pacific geopolitics hosted jointly by the Asia programs of the Foreign Policy Research Institute (FPRI) and the Wilson Center. “I certainly hope it can be managed,” and that it “doesn’t lead us into places where neither country really wants to go,” he said.
PHILADELPHIA -- The Bureau of Industry and Security may look to increase collaboration with law enforcement agencies, including the FBI, to help them better investigate export control violations, said Thea Kendler, BIS’ assistant secretary for export administration. Although BIS helps train agents from other departments at the Export Enforcement Coordination Center, it could look into bolstering that work, Kendler said May 4 at the annual University Export Control Conference at the University of Pennsylvania.
PHILADELPHIA -- The Bureau of Industry and Security hasn’t received many questions on its new cybersecurity export control rule since it took effect in March (see 2110200036 and 2201110025) but is planning more guidance to help industry and academia comply with the restrictions, a government official said. The official, who requested anonymity to speak candidly at the May 4 University Export Control Conference at the University of Pennsylvania, said the rule may not be getting much attention because its implementation coincided with a string of Russia-related export controls.
PHILADELPHIA -- The Bureau of Industry and Security is leaning toward new export controls on brain computer interface technologies despite urging from industry to avoid the restrictions altogether. Thea Kendler, BIS assistant secretary for export administration, said BCI technology has too many potential “nefarious” uses to not be subject to at least some restrictions.
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 the title or by clicking on the hyperlinked reference number.
A lack of guidance from the Bureau of Industry and Security on its recent Russia-related foreign direct product rules is creating compliance “chaos” for companies operating in the region (see 2203070039), Torres Trade Law said in an April alert. The firm said businesses have been “left to fend” for themselves “when it comes to compliance with the new FDP rules,” partly because BIS hasn’t yet published any enforcement actions or settlements for either rule.