The U.S. is discussing with other U.N. Security Council members whether to impose more sanctions on North Korea for its continued ballistic missile testing, State Department spokesperson Ned Price said. Price said the agency isn’t “going to get ahead of any steps that the U.N. might take” but called the missile launches “an affront to multiple U.N. Security Council resolutions.”
The Census Bureau is still receiving questions about the role of auction houses in export transactions and that “is probably one of the biggest challenges that we're facing right now,” said Omari Wooden, assistant division chief for trade outreach and regulations. Some exporters have struggled to determine whether the houses should be listed as the U.S Principal Party in Interest and have asked Census for more guidance, but the agency has said each case may be different (see 2107010043).
CBP is almost ready to mandate electronic export manifest for ocean, air and rail, and plans to issue an EEM pilot for trucks within the next year, said Jim Swanson, director of the cargo and security controls division, for cargo and conveyance security in the CBP Office of Field Operations. CBP has been under pressure to move faster on the project after delays in 2021 pushed back its full release to at least this year (see 2110180038).
The U.S. expanded export controls on Russia to cover a broader range of “commercial and industrial operations,” including wood products and construction machinery, the Commerce Department said. The new controls make more items on the Export Administration Regulations subject to “stringent” licensing restrictions for export to Russia, the Bureau of Industry and Security said in a final rule that includes the specific Schedule B numbers and Harmonized Tariff Schedule codes of the newly restricted items. Commerce said the items previously didn’t require a license for “most exports” to Russia.
German exports to Russia fell 62.3% in a one-month period to around $905 million in March due to the fallout from the Russian invasion of Ukraine, which began Feb. 24. According to data from Germany's statistics office, total exports fell 3.3% from February. The decline stems from the deluge of sanctions being placed by the EU and other leading economies on Russia while private companies are also rushing to sever ties with Russia. "Compared with February 2022, exports to the Russian Federation decreased by 62.3% to 0.9 billion euros in March 2022 because of the sanctions imposed as a result of Ukraine's fight against Russia, further measures to restrict exports, and unsanctioned behaviour of market participants," the statistics office said. "Imports from Russia declined by 2.4% to 3.6 billion euros in the same period."
The EU removed Russia as a permitted destination for dual-use general exports, revoking the general export authorizations for Russia, in a May 3 move from the European Commission. The authorizations were set up under the EU's dual-use export control regime in May 2021. "In light of Russia’s illegal attack on Ukraine’s territorial integrity, sovereignty, and independence and the respective threats to the Union’s essential security interests, the Union decided to impose further restrictions on exports of dual-use goods and technology and on the provision of related services," the commission said. The regulation restricts trade of dual-use goods on navigation goods and technologies, goods and services for Russia's energy industry, excluding nuclear and the downstream energy transport sector, and a host of advanced technologies.
The U.K. added 63 entries, including 31 individuals, to its Russia sanctions regime as part of the wave of sanctions on Russia following its military assault on Ukraine, the Office of Financial Sanctions Implementation announced. The newly listed individuals include media executives, members of the Federal Council of Russia and leading businesspeople. The May 4 notice also amends the entries for Rossiya Segodnya and TV-Novosti, two major Russian media organizations, to add internet services sanctions.
The Office of Foreign Assets Control issued Russia-related general licenses 7A, 26A, 31 and 32 on May 5. The licenses allow emergency overflight and landings of U.S. aircraft in Russia and the filing and prosecution of infringement of various intellectual property protection, as well as the wind-down of transactions with Amsterdam Trade Bank NV and Sberbank subsidiaries through 12:01 a.m. EDT July 12. OFAC also published one new frequently asked question on Afghanistan-related sanctions and updated one FAQ on Ukraine-/Russia-related sanctions.
The EU rolled out its sixth package of sanctions on Russia following its invasion of Ukraine that includes an import ban on all Russian oil, European Commission President Ursula von der Leyen announced in a May 4 speech. She said, according to her written remarks prepared for delivery, that the sanctions package also includes designations of high-ranking military officers including those who committed "war crimes" in Bucha and "the inhuman siege" of Mariupol; the removal of Sberbank and two other leading Russian banks from SWIFT, the interbank messaging and payment system; a ban on three Russian state-owned broadcasting companies; and an export ban on accountancy, consultancy and "spin doctor" services.
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.