Trade and Manufacturing Monitor
Biden Administration Issues Executive Order Defining Additional National Security Considerations for CFIUS
On September 15, President Biden signed an Executive Order (EO) with the first ever formal Presidential direction to the Committee on Foreign Investment in the United States (CFIUS or the Committee). The EO emphasizes…
U.S. Tightens, Expands Sanctions and Export Controls on Russia & Belarus
Today, the U.S. Treasury, State, and Commerce Departments announced new sanctions and export control restrictions on Russia and Belarus, targeting parties in and activities related to the technology, quantum…
U.S. Extends General License Allowing Certain Administrative Transactions with the Russian Government
On September 8, the U.S. Office of Foreign Assets Control (OFAC) extended a general license authorizing certain administrative transactions involving the Central Bank of the Russian Federation, the National Wealth Fund…
U.S. Implements New Export Controls on Emerging and Foundational Technologies, Targeting Semi-Conductors and Gas Turbine Technologies
Yesterday, the U.S. Bureau of Industry and Security (BIS) issued an interim rule imposing new export controls on four emerging and foundational technologies. The new rules control two substrates of ultra-wide gap…
United States Imposes Next Round of Sanctions Targeting “Substantial” Russian Revenue Streams
Today, the United States imposed another round of sanctions on Russia, targeting Russian elites, universities, and technological institutions. Blocking Sanctions The U.S. Treasury Department’s Office of Foreign…