Entries by admin

US Government imposes new sanctions on Russia

In the past several days, the US Government has issued a slew of sanctions measures targeting Russia. According to a White House Fact Sheet (see https://www.whitehouse.gov/briefing-room/statements-releases/2021/04/15/fact-sheet-imposing-costs-for-harmful-foreign-activities-by-the-russian-government/), these measures are stated to be in response to Russia’s “harmful foreign activities,” including efforts to undermine free and fair democratic elections and institutions, malicious cyber activities (including the recent SolarWinds incident), transnational corruption, […]

CBP publishes quarterly interest rates

On April 23, 2021, US Customs and Border Protection (CBP) published in the Federal Register a general notice that advises the public that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same from the previous quarter. For the calendar […]

UK imposes sanctions on four individuals and one entity linked to Xinjiang

On 22 March 2021, the UK Government added four individuals and one entity to the Global Human Rights financial sanctions regime, in relation to alleged human rights violations taking place in Xinjiang, China. These measures were announced in coordination with Canada and the United States, and in parallel to EU measures. See https://www.gov.uk/government/news/uk-sanctions-perpetrators-of-gross-human-rights-violations-in-xinjiang-alongside-eu-canada-and-us

US Commerce extends military-intelligence end-use and end user controls to Burma

On April 9, 2021, the US Commerce Department’s Bureau of Industry and Security (BIS) strengthened restrictions targeting Burma by adding Burma to the list of countries subject to the Export Administration Regulations’ (EAR’s) military-intelligence end-use and end-user controls and controls on certain support activities by US persons (“Interim Final Rule“). These controls were first issued […]

US Treasury Department removes UAE from list of boycotting countries

On April 8, 2021, the US Treasury Department published an updated List of Countries Requiring Cooperation With An International Boycott  (the “Treasury List”). Significantly, Treasury announced that it had removed the UAE from the Treasury List following the UAE’s repeal of its law requiring participation with the Arab League Boycott of Israel and subsequent implementation […]

US Commerce to delay aluminum licensing requirement again

On March 29, 2021, the Commerce Department announced that it is submitting a notice announcing a delay in the March 29, 2021 effective date of the Aluminum Import Monitoring and Analysis (AIM) system to the Office of the Federal Register. Commerce had published a final rule in the Federal Register on December 23, 2020, adopting […]

China imposes sanctions on US, Canadian entities

Beijing announced on March 27 sanctions on US and Canadian individuals and an entity, urging the parties to redress their mistakes and stop political manipulation on Xinjiang-related issues. The Chinese penalties were in response to the two countries’ unilateral sanctions on individuals and entities in the Xinjiang Uygur autonomous region on March 22 based on […]

USTR terminates Sec. 301 DST investigations for Brazil, the Czech Republic, the EU and Indonesia

On March 26, 2021, the Office of the United States Trade Representative (USTR) posted an advance copy of a Federal Register notice terminating, as of March 26, 2021, the Section 301 investigations of Digital Services Taxes (DSTs) under consideration by Brazil, the Czech Republic, the European Union, and Indonesia because these jurisdictions either have not […]

US Government sanctions Burmese military conglomerates, issues wind-down and humanitarian General Licenses and tightens export controls for Burma (Myanmar)

The US Government has imposed a series of sanctions against Myanmar Economic Corporation Limited (MEC) and Myanma Economic Holdings Public Company Limited (a.k.a. Myanmar Economic Holding Limited) (MEHL), two military-affiliated conglomerates, in response to the February military coup in Burma (Myanmar). The combined restrictions are likely to have a significant impact on business activities in […]