Trade and Manufacturing Monitor
New primary and secondary sanctions on Iranian construction, mining, manufacturing, metals and textile industries
Today the president signed a new Executive Order (E.O.) announcing expanded primary and secondary sanctions on Iran, focused on the construction, mining, manufacturing, and textile industries. OFAC also sanctioned a…
DDTC aligns technical data export rules with BIS rules, simplifying technical data controls
Late last month, the Directorate of Defense Trade Controls issued a long-awaited interim final rule regarding what qualifies as the export, re-export, or transfer of technical data (a “controlled event”) under the…
WTO Determines Indian Export Subsidies Are Prohibited, Must Be Withdrawn Within Six Months
On October 31, 2019, the World Trade Organization (WTO) ruled in favor of the United States in determining that Government of India provides prohibited export subsidies to Indian producers and exporters. The WTO…
The United States lifts sanctions on Turkey for now
After an announcement from the President today, OFAC removed the Turkish Ministry of Energy and Natural Resources, the Ministry of National Defense, and the ministers of Defense, Energy and Natural Resources, and…
U.S. Extends General License No. 2 Authorizing Transactions with Certain Belarusian Companies
On October 22, 2019, the Office of Foreign Assets Control (OFAC) issued General License No. 2G authorizing U.S. persons to engage in transactions involving nine companies: Belarusian Oil Trade House, Belneftekhim,…