The World Health Organization issued the following notices since International Trade Today’s last health and travel updates:
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:
Antidumping and countervailing duty investigations on grain-oriented electrical steel from China, the Czech Republic, South Korea and Russia are set to end with no duties imposed, after the International Trade Commission on Oct. 23 voted that imports of GOES from the four countries are not injuring U.S. industry (here). The ITC reached the same conclusion in August for three other GOES exporters, Germany, Poland and Japan, so the ITC's vote means all seven countries subject to AD/CV duty investigations initiated in October 2013 won't get hit with AD/CV duties (see 14082803). The commission split 5-1, with only new commissioner Rhonda Schmidtlein finding injury. The Commerce Department will now terminate the proceeding, and order refunds of all cash deposits collected in connection with the investigation. No AD/CV duties will be assessed on importers. The U.S. companies and trade unions that requested the investigations announced their intent to appeal shortly after the ITC decision was announced (here).
On Oct. 20 the Foreign Agricultural Service posted the following GAIN reports:
In the Oct 17-20 editions of the Official Journal of the European Union, the following trade-related notices were posted:
The International Trade Commission published notices in the Oct. 17 Federal Register on the following AD/CV injury, Section 337 patent, and other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
On Oct. 14-15 the Foreign Agricultural Service posted the following GAIN reports:
International Trade Today is providing readers with some of the top stories for Oct. 6-10 in case they were missed.
On Oct. 10-13 the Foreign Agricultural Service posted the following GAIN reports:
On Oct. 9 the Foreign Agricultural Service posted the following GAIN reports:
The Treasury Department authorized U.S. citizens and companies to make some transactions with DenizBank, after Executive Order 13662 prohibited dealings with the company. Denizbank is a Turkish financial institution owned by Sberbank, Russia’s largest bank. The U.S. sanctioned Sberbank in September, placing it on the Specially Designated Nationals List (see 14091503). That move was part of a larger sanctions package that followed a number of other rounds of sanctions since the outset of 2014. Treasury’s Office of Foreign Assets Control is also allowing U.S. transactions with banks that Denizbank owns 50 percent or more of. A Treasury directive, under the executive order, bars U.S. individuals or companies from dealings with sanctioned banks in “new debt of longer than 90 days maturity or new equity for these persons, their property, or their interests in property" (here).