The U.K. issued a pair of general sanctions licenses Oct. 15 allowing parties to wind down their positions with various sanctioned energy companies and Russian oil companies.
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 clicking on the hyperlinked reference number.
The U.S. is drafting a new set of export controls to use against China if Beijing follows through on its rules to restrict overseas exports that contain certain levels of Chinese-origin material (see 2510090021), senior administration officials said Oct. 15 during a press conference. They also said they're working to coordinate a response with allies.
Sen. Tom Cotton, R-Ark., urged the Commerce Department this week to investigate allegations that Singapore-based data center company Megaspeed helped Chinese firms evade U.S. export controls on sensitive Nvidia chips.
The Council of the European Union on Oct. 13 agreed to renew the bloc's sanctions measures related to the proliferation and use of chemical weapons for another year, pushing them to Oct. 16, 2026. The restrictions apply to 25 people and six entities.
The U.K.'s Office of Financial Sanctions Implementation will move to a single list for all sanctions designations starting Jan. 28, the agency announced this week.
The U.S. and the U.K. this week sanctioned a range of people and entities that they said are involved in criminal networks that carry out online investment scams and launder stolen funds. The designations target networks in Southeast Asia, including the Cambodia-based Prince Group Transnational Criminal Organization, which is led by Cambodian national Chen Zhi and operates a “transnational criminal empire” through online scams targeting Americans and others.
China is imposing new port fees on U.S. ships and placing sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Marine Corporation in response to the Office of the U.S. Trade Representative’s Section 301 investigation of China’s maritime, logistics and shipbuilding sectors (see 2506100023).
President Donald Trump, on his way to Israel, softened his message on tariffs on Chinese goods. When asked if imposing those tariffs was still the plan, he said, "Right now it is. Let's see what happens. November 1st is an eternity."
The Dutch government’s seizure of semiconductor firm Nexperia came amid U.S. pressure for the Netherlands to intervene in the company’s affairs, court records show. The U.S., in conversation with the Netherlands, cited the firm’s Chinese ownership and the fact that it was set to soon be captured by Entity List restrictions, including those under the Bureau of Industry and Security’s new 50% rule.