The International Trade Administration is publishing notices in the November 4, 2011 Federal Register on the following AD/CV proceedings (any notices that announce changes to AD/CV duty rates, the scope, affected firms, or effective dates will be detailed in another ITT article):
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
In the November 1, 2011 edition of the Official Journal of the European Union, the following trade-related notices were posted:
On October 29, 2011, Congressional trade leaders1 sent a letter to the U.S. Trade Representative calling on him to insist that Russia meet a high standard in the ongoing negotiations regarding Russia's accession to the World Trade Organization. The leaders note that there are many challenges to be negotiated with Russia, the totality of which will determine Congressional support for Russia’s WTO accession. Russia’s protection of intellectual property, commitment to join the Information Technology Agreement, satisfactory commitments on agriculture and sanitary and phytosanitary issues, and commitment to address problematic investment policies, will be significant considerations.
The International Trade Administration has issued the final results of its antidumping duty administrative review of solid urea from the Russian Federation (A-821-801) which sets an AD cash deposit rate of 1.17% for solid urea produced and exported by MCC EuroChem. This rate, which is effective October 27, 2011, is expected to be implemented by U.S. Customs and Border Protection soon.
The World Trade Organization (WTO) posted the following notices from October 25-27, 2011 (may have to click twice on source documents for proper viewing):
The International Trade Administration is publishing notices in the October 27, 2011 Federal Register on the following AD/CV proceedings (any notices that announce changes to AD/CV duty rates, the scope, affected firms, or effective dates will be detailed in another ITT article):
The European Union issued the following trade-related releases on October 21 - 24, 2011 (notices of most significance will be given separate headlines):
The Foreign Agricultural Service has amended the availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM-102) for fiscal year 2012, for the following countries/regions:
U.S. Trade Representative Kirk issued a statement welcoming the European Union's announcement that the EU and Russia have resolved remaining bilateral issues in the context of Russia's accession to the World Trade Organization. Kirk states that this development "marks an important advance in Russia's effort to conclude multilateral negotiations so that Russia may be formally invited to join the WTO in December." However, USTR Kirk did point to a number of issues that remain to be resolved, including final agreement on Russia's automotive investment program, Russia's commitment to join the WTO Information Technology Agreement, and certain issues related to trade in agriculture.
The Stolen Asset Recovery (StAR) Initiative of the World Bank and the United Nations Office on Drugs and Crime have issued a study that finds that most large-scale corruption cases use legal entities to conceal ownership and control of corrupt proceeds. The study examines the links between large-scale corruption by high-level public officials and the concealment of stolen assets through opaque shell companies, foundations, and trusts. It also lists obstacles to investigating and establishing the origin and ownership of stolen assets.