On November 25, 2020, the State Department issued a Federal Register Notice announcing the imposition of nonproliferation measures against certain Chinese and Russian entities for the transfer of goods, services, or technology controlled under multilateral control lists (Missile Technology Control Regime, Australia Group, Chemical Weapons Convention, Nuclear Suppliers Group, Wassenaar Arrangement) or otherwise having the
November 2020
USTR Will Hold Public Hearing in Section 301 Investigation into Vietnam’s Import and Use of Illegal Timber
On November 25, 2020, the Office of the U.S. Trade Representative (USTR) issued a Federal Register notice announcing that it will hold a virtual public hearing on December 28, 2020, in its ongoing investigation into Vietnam’s acts, policies and practices related to its import and use of illegally harvested or traded timber. See Update of…
USTR Will Hold Public Hearing in Section 301 Investigation into Vietnamese Currency Valuation
On November 25, 2020, the Office of the U.S. Trade Representative (USTR) issued a Federal Register notice announcing that it will hold a virtual public hearing on December 29, 2020, in its ongoing investigation into Vietnam’s currency valuation. See Update of October 6, 2020. A written request to appear at the hearing must be…
Executive Order Prohibits U.S. Investment in “Communist Chinese Military Companies”
Key Notes:
- Executive Order 13959 bans U.S. persons from transacting in publicly traded securities or derivatives or similar securities of any publicly traded Chinese companies designated by the U.S. Department of Defense as enabling Chinese military aims.
- It also authorizes the secretary of the treasury to identify subsidiaries of the named companies, which will be
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BIS Draft Rule Reportedly Lists, and May Further Restrict Exports with, Chinese and Russian Companies with Military Connections
In an early confidential draft of a proposed rule that BIS has shared with a technical advisory committee of industry representatives, trade press is reporting that the Department of Commerce’s Bureau of Industry and Security (BIS) may seek to restrict export transactions with 89 Chinese and 28 Russian companies that are owned or controlled by…
Government Measures Taken in Response to COVID-19: Country-by-Country Guide 2.0
Since April 2020, we have collaborated with our foreign law firm partners to provide a chart summarizing the economic, labor and employment, health and safety, and export and import measures taken by governments around the world in response to the COVID-19 pandemic. After a short break, we are back with version 2.0 of our chart…
OFAC Issues Venezuela General License No. 8G to Continue Authorization of Limited Transactions Involving PdVSA and Winding Down of Operations for Certain Entities
On November 17, 2020, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 8G, “Authorizing Transactions Involving Petróleos de Venezuela, S.A. (PdVSA) Necessary for the Limited Maintenance of Essential Operations in Venezuela or the Wind Down of Operations in Venezuela for Certain Entities.” This general license continues to…
EU Implements Retaliatory Tariffs in WTO Large Civil Aircraft Dispute
On November 9, 2020, the EU, pursuant to World Trade Organization (WTO) authorization, applied approximately $4 billion worth of retaliatory tariffs on U.S. goods in the latest chapter of the long-running dispute between the EU and the United States over government subsidies provided to both Boeing and Airbus. This retaliation follows an October 2020 WTO…
BIS Proposes Controls on Another Emerging Technology: Genetic Element Design Software
The Bureau of Industry and Security (BIS) has issued a proposed rule to add certain genetic element design software to the Commerce Control List. Specifically, on November 6, 2020, BIS issued a proposal to add “software” for the operation of nucleic acid assemblers and synthesizers already controlled under ECCN 2B352 that is capable of designing…
United States and Mexico Reach Agreement on Exports of Grain-Oriented Electrical Steel; Mexico to Be Excluded from any Related Section 232 Actions
On November 5, 2020, the United States and Mexico announced that they had concluded consultations pursuant to their Joint Statement of May 17, 2019 to address the transshipment of grain-oriented electrical steel (GOES) from outside North America into the United States through GOES-containing downstream products. The May 2019 Statement committed Mexico (and Canada) to implement…
