The Commerce Department published its fall 2022 regulatory agenda for the Bureau of Industry and Security, including one new rule that will finalize new chip export controls against China and others that could revise chemical weapons reporting requirements, the Export Administration Regulations and the Entity List.

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.

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.

Export Compliance Daily is providing readers with the top 20 stories published in 2022. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.

New Manufacturing USA Institutes can help the semiconductor industry reduce costs and accelerate innovation, particularly in emerging technology areas that could soon be subject to export controls, chip companies and industry representatives said in comments to the National Institute of Standards and Technology. They also said the Commerce Department should bar foreign entities from working with Manufacturing USA Institutes if they are subject to U.S. export restrictions or have operations in certain countries, including China.

The U.S. needs to “act quickly” to build a multilateral consensus on China export controls or risk other countries simply filling the vacuum left by the U.S. in China’s semiconductor market, two export control and national security policy experts said in a Dec. 30 piece for Foreign Affairs. Although U.S. officials have said they are confident an agreement with allies will soon be completed, the authors said it remains unclear whether the deal will create a “genuine, multilaterally controlled chokepoint” for advanced chip technologies.

South Korea may be preparing for more involvement next year in a new U.S.-proposed alliance of advanced semiconductor manufacturing and producing nations, the Korea Herald said in a Dec. 27 report. “South Korea [in 2023] will consider joining the ‘Fab 4’ alliance of semiconductor powerhouses,” also known as the Chip 4 alliance, which would look to increase trade and supply chain cooperation among South Korea, Japan, Taiwan and the U.S., the report said. The Korea Herald, citing a recent report from South Korea’s Ministry of Trade, Industry and Energy, said “the envisioned alliance would cover all major areas of the chips value chain.” Taiwan in October said the countries in Chip 4 have held at least one preparatory meeting but haven't set a formal agenda or scheduled an official first session (see 2210050009).

Prices of certain chips sold in China's black market have risen "by 500 times" since the U.S. announced new semiconductor-related export controls earlier this year, according to an unofficial translation of a Dec. 27 report by United Daily News in Taiwan. The report said "the demand for high-end chips in mainland China is hot, making local black market transactions hot" and "chip smuggling increasingly rampant."

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The 2023 government spending package (see 2212200025) includes language that could eventually lead to the establishment of a formal outbound investment review mechanism. The provision, included in explanatory statements covering funding for the Treasury and Commerce departments, could speed up the administration's efforts to create the regime, which has been proposed this year in legislation by lawmakers and publicly supported by senior administration officials.