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 Commerce Department quietly stopped approving new licenses for firearms exports to three Latin American countries months before publicly announcing a broader suspension in October for dozens of other nations.
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 Bureau of Industry and Security recently made available its process by which companies may begin submitting notifications for certain exports of “gray-zone” semiconductors that fall just below the new chip control parameters announced last month (see 2310170055). As part of the updated restrictions, BIS is requiring a notification under new License Exception Notified Advanced Computing (NAC), which will authorize certain exports of certain chips to China, Macau and destinations subject to a U.S. arms embargo.
Chinese e-commerce company Alibaba is nixing plans to spin off its cloud computing division due to “uncertainties” caused by recently updated U.S. chip export controls on China. Alibaba was planning to publicly list its Cloud Intelligence Group, a cloud computing services business, but said last week it fears “these new restrictions may materially and adversely affect” the cloud computing division’s “ability to offer products and services and to perform under existing contracts.”
Officials from the U.S. and China will meet in January to hold “technical discussions” on ways to better protect trade secrets, the Commerce Department said in a readout of a meeting last week between Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao. Commerce said the two countries will bring together “subject matter experts” to talk about “strengthening the protection of trade secrets and confidential business information during administrative licensing proceedings."
DOJ is investigating U.S. chip company Applied Materials for potentially violating export controls against China, company executives said last week. Chief Financial Officer Bryce Hill said the company received a subpoena last year and is “fully cooperating” with the government.
The Bureau of Industry and Security is preparing to release another new set of Russia-related export controls next month, which could include potential additions to the Entity List, said Matthew Borman, the agency’s deputy assistant secretary for export administration.
The Bureau of Industry and Security is working to convince more countries to place export controls on advanced semiconductors and chipmaking equipment destined to China, but the agency couldn’t afford to delay its most recent chip controls as other nations mulled them over, said Thea Kendler, BIS assistant secretary for export administration. While the agency prefers to implement its chip controls and other restrictions alongside allies, “we will not hesitate to act unilaterally to protect U.S. national security,” Kendler said.
A new House bill with bipartisan support could expand the Treasury Department’s upcoming outbound investment prohibitions to cover more Chinese technology sectors and additional countries, including Russia, Iran and North Korea.