Trade and Manufacturing Monitor
OFAC Issues General Licenses to Ease Flow of Humanitarian Aid to Afghanistan
Last Friday, the Office of Foreign Assets Control issued two general licenses aimed at facilitating humanitarian assistance and the provision of essential supplies to the people of Afghanistan. Subject to exceptions,…
U.S. Authorizes New Sanctions on Ethiopia and Updates ITAR Licensing Policy
Last week, the Biden administration issued a new Executive Order (“E.O.”) that authorizes “menu-based” sanctions on persons determined to be responsible for or complicit in the ongoing crisis in northern Ethiopia, and…
U.S. Warns of Heightened Risk of Doing Business in Xinjiang
On July 13, 2021, the U.S. Departments of Commerce, State, Treasury, Commerce and Homeland Security and the Office of the U.S. Trade Representative issued an updated Advisory on supply-chain risks for U.S. businesses…
U.S. Expands Sanctions on Belarus
Yesterday, the U.S. Office of Foreign Assets Control (OFAC) sanctioned several Belarusian individuals and entities, including the State Security Committee of the Republic of Belarus (the Belarusian KGB), in response to…
New E.O. Revokes TikTok and WeChat Prohibitions, But Lays Framework for New Restrictions
Yesterday, President Biden signed an Executive Order (“E.O.”) that formally revokes and replaces three earlier E.O.s that aimed to restrict transactions with TikTok, WeChat, and other communications and Fintech…