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U.S. hosts initial ministerial of the Americas partnership for economic prosperity

USA - January 30 2023 On January 27, 2023, U.S. Secretary of State Antony Blinken and U.S. Trade Representative Katherine Tai hosted the initial ministerial for the…

Francesca M.S. Guerrero, David Michael Schwartz, Samir D. Varma

Annual and semi-annual encryption reports due to BIS by February 1, 2023

USA - January 19 2023 As a reminder to our readers, the annual encryption self-classification report and semi-annual sales report for certain encryption items are due to…

Francesca M.S. Guerrero, Samir D. Varma

BIS includes Macau under semiconductor export controls implemented against China

Macau, USA - January 19 2023 On January 18, 2023, the Department of Commerce’s Bureau of Industry and Security (BIS) issued an Interim Final Rule extending export controls…

Francesca M.S. Guerrero, Samir D. Varma

OFAC again revises Venezuela General License extending delay of PdVSA 2020 8.5% bond-related authorizations

USA, Venezuela - January 17 2023 On January 7, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License (GL) 5J, “Authorizing Certain…

Francesca M.S. Guerrero, Samir D. Varma

OFAC amends several Russia-related general licenses

USA - January 17 2023 On January 17, 2023, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three amended General Licenses (GLs) regarding…

Francesca M.S. Guerrero, Samir D. Varma