NDAA, Economic Sanctions

U.S. Issues Unprecedented Order Restricting Investment in China

Torres Trade Law, PLLC on 2/3/2025

Senator Cornyn made the above statement on the Senate floor on November 14, 2023, while advocating for his colleagues to pass the Outbound Investment Transparency Act as part of the 2024 National Defense Authorization Act...more

DOD’s Expanding List of Chinese Military Companies

Morgan Lewis on 1/23/2025

On January 2, 2025, the US Department of Defense added a number of entities to its list of “Chinese military companies" (CMC List). While being named to this list, by itself, does not prohibit US businesses from continuing to...more

US Department of Defense issues updated section 1260H Chinese military companies list

Hogan Lovells on 1/20/2025

On January 6, 2025, the U.S. Department of Defense updated its 1260H List, bringing the total to 134 entities across sectors like AI, aerospace, and biotechnology. Designation on the list signals risks such as restrictions on...more

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter - May 2024

Lowenstein Sandler LLP on 5/9/2024

On April 15, the U.S. Department of the Treasury published a proposed rule that would enhance certain Committee on Foreign Investment in the United States (CFIUS or the Committee) procedures and increase CFIUS penalty and...more

State Department Proposes Amendment to ITAR, Aiming to Bolster AUKUS Partnership

Cozen O'Connor on 5/3/2024

On May 1, 2024, the U.S. State Department published a proposed rule to reduce International Traffic and Arms Regulations (ITAR) licensing requirements for the transfer of defense articles or services between the United...more

How Governmental Carrots and Sticks Impact Private Investment in Defense Tech and the Security Ecosystem

Proskauer - The Capital Commitment on 5/2/2024

In response to rising geopolitical tensions – from the Middle East to the Taiwan Strait to the ongoing conflict in Ukraine –the Biden Administration is increasingly using economic incentives and sanctions to assist the United...more

War Aid and Sanctions: National Security Act Includes Significant New Sanctions Authorities

Morrison & Foerster LLP on 4/30/2024

On April 24, 2024, President Biden signed into law a long-debated $98 billion foreign aid and national security legislative package (the “Act”) providing funds for Israel, Taiwan, and Ukraine, and authorizing new sanctions...more

OFAC Year in Review 2023 – Part 1

Morrison & Foerster LLP on 3/4/2024

2023 was another record year for U.S. sanctions and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Most prominently, OFAC continued to impose significant additional sanctions on Russia in...more

Notable Provisions Of The FY 2024 National Defense Authorization Act

Morrison & Foerster LLP - Government... on 1/3/2024

On December 22, 2023, President Biden signed the National Defense Authorization Act for Fiscal Year 2024 into law after bipartisan congressional majorities approved the bill earlier in the month. The annual bill authorizes...more

National Defense Authorization Act Implications for U.S. Sanctions Programs

Morrison & Foerster LLP on 12/15/2022

After months of negotiations, Congress revealed the compromise version of the National Defense Authorization Act for Fiscal Year 2023 (NDAA) on December 6, 2022. The bill, viewed as a “must-pass” piece of legislation because...more

Russian Law Restricts Compliance with US National Defense Authorization Act

Morgan Lewis on 5/24/2022

Russia President Vladimir Putin signed the federal law, “On Amendments to the Federal Law ‘On Measures of Influence (Counteraction) on Unfriendly Actions of the United States of America and Other Foreign States,’” on May 1,...more

OFAC Year in Review 2021 – Part 1

Morrison & Foerster LLP on 2/8/2022

2021 was a year of transition in the United States and for the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). OFAC’s year, while busy, was far different from 2020, as the Biden Administration’s...more

United States Adopts Wide-Ranging China Restrictions

WilmerHale on 12/29/2021

End-of-Year Sanctions Target Chinese Supply Chains and AI, Quantum Computing, and Biotechnology - Several US executive branch agencies and the US Congress have adopted wide-ranging end-of-year sanctions, export control and...more

Biden: The Fight Against Foreign and Transnational Corruption Is a National Security Interest

WilmerHale on 6/9/2021

On June 3, 2021, President Biden issued a National Security Memorandum establishing the fight against corruption both at home and abroad as a core United States national security interest and directing the development of a...more

OFAC 2020 Year In Review

Morrison & Foerster LLP on 2/16/2021

In too many ways to count, 2020 was an extraordinary year. As we move into 2021 with optimism for an end to the pandemic and better days ahead, we understand that the activity last year of the U.S. Department of the...more

Turkey: U.S. and EU Sanctions Developments

Akin Gump Strauss Hauer & Feld LLP on 12/23/2020

Key Points - On December 14, 2020, in response to Turkey’s procurement of the S-400 surface-to-air missile system from Russia in 2019, the Trump administration imposed new sanctions on the Turkish Presidency of Defense...more

DNI Apparently Has Granted DoD A Limited Temporary Waiver of Section 889 Implementation

Stinson - Government Contracting Matters on 8/17/2020

Government contractors have been closely watching developments in the implementation of Section 889 of the National Defense Authorization Act for FY 2019, which bans government contractors’ use and provision of...more

U.S. Government Formalizes End of Preferential Treatment for Hong Kong, Imposes Additional Sanctions Measures Affecting China and...

BCLP on 7/21/2020

The U.S. Government is continuing to implement measures under U.S. export controls and economic sanctions in response to China’s recent actions involving Hong Kong, including China’s enactment of a new national security law...more

Not So Fast…Aiming To Prevent Their Completion, The Trump Administration Paves Way For Expanded Sanctions On Russian Pipeline...

Morrison & Foerster LLP on 7/20/2020

Earlier this week, on July 15, 2020, U.S. Secretary of State Mike Pompeo paved the way for enhanced sanctions on the Russian Nord Stream 2 and TurkStream projects by announcing that the Trump Administration is removing an...more

Congress Imposes Sanctions as Part of 2020 NDAA (IRB No. 582)

BCLP on 1/23/2020

The new Iran sanctions imposed by the Trump Administration are not the only recent sanctions actions of note. Congress has also shown its willingness to use sanctions as a foreign policy tool, with certain sanctions...more

New Syria, North Korea and Other Sanctions Provisions Enacted as Parts of the National Defense Authorization Act for Fiscal Year...

Orrick, Herrington & Sutcliffe LLP on 1/2/2020

On December 20, 2019, President Trump signed into law the National Defense Authorization Act for Fiscal Year 2020 (“NDAA 2020”), which includes numerous sanctions-related provisions. The law includes the previously introduced...more

National Defense Authorization Act › Economic Sanctions