The realm of international trade and commerce operates under a complicated system of export control regimes that are designed to protect national security, curb the proliferation of sensitive technologies, and ensure strict...more
Geopolitical risk is top of mind for companies these days, and it seems that every week brings a new proposed sanction, trade control, or investment restriction. Increasingly, companies and investors are discovering that...more
Since Russia’s invasion of Ukraine in February 2022, the United States has, in response, imposed unprecedented sanctions and export controls targeting Russia: President Biden has signed numerous new Executive Orders, the U.S....more
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently issued an interim final rule that significantly expands export controls on advanced computing materials and semiconductors. These controls are...more
This blog post covers several new sanctions and export controls that the U.S. government imposed on Russia and Belarus in the time period occurring between March 31, 2022 and April 21, 2022. ...more
In the wake of Russia’s invasion of Ukraine, the U.S. has implemented unprecedented measures to impose severe economic costs on Russia. Since February, the landscape of export controls and sanctions on Russia has changed...more
UPDATE- The Department of Commerce’s Bureau of Industry and Security (BIS) released new export restrictions on Belarus that largely mimic those applicable to Russia, including broad licensing requirements and the addition...more
The U.S. and its allies have expanded sanctions on Russia and Belarus on an almost daily basis over the last week and have committed to continue to do so if the situation in Ukraine continues to deteriorate. ...more
As previewed by President Biden in his press conference on February 24, 2022, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) is imposing additional export control measures targeting Russia. The new...more
*This alert was originally published on February 25, 2022 and updated on March 4, 2022. On February 24, 2022, the Biden Administration issued another expansive round of sanctions measures and export controls related to...more
Key point: On February 24, 2022, the United States imposed a combination of extensive and complex trade sanctions and export controls against the Russian Federation (Russia) in response to its invasion of Ukraine. These...more
The Biden administration continues to utilize United States trade sanctions and export controls as a key tool in its efforts to put pressure on China, Myanmar/Burma and Russia. Since our last update, actions by the U.S....more
As trade compliance gains more traction, US regulators have made it clear that having compliance policies in place is critical, regardless of the company size or the industry. The implementation of such compliance programs...more
Trade compliance programs save manufacturers of goods with overseas supply chains thousands of dollars in duties, fines, and penalties. According to a 2019 federal study, President Donald Trump’s tariffs and subsequent...more