Source: U.S. Department of Commerce – BIS This final rule aligns the time limit of License Exception Temporary Imports, Exports, Reexports, and Transfers (in-country) (TMP), which authorizes, among other things, certain temporary exports to Mexico, with the time limit of Mexico’s Decree for the Promotion of Manufacturing, Maquiladora and Export Services (IMMEX) program. Currently, TMP […]

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Source: U.S. Department of the Treasury – OFAC Quarterly Reports of Licensing Activities pursuant to Section 906(b) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA), covering activities undertaken by the Treasury Department’s Office of Foreign Assets Control (OFAC) under Section 906(a)(1) of the TSRA from January through September 2015. Under the […]

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Source: U.S. Department of Commerce – BIS In this rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) to revise the existing Validated End-User (VEU) list for the People’s Republic of China by updating the list of eligible items and destinations (facilities) for VEU Advanced Micro Devices, Inc. (AMD). Specifically, […]

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Source: U.S. Department of Commerce – BIS In this rule, the Bureau of Industry and Security (BIS) proposes to amend the Export Administration Regulations (EAR) to remove the Special Iraq Reconstruction License (SIRL) from the EAR. The action, if published in final form, would further the objectives of the Retrospective Regulatory Review Initiative that directs […]

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Source: U.S. Department of Commerce – BIS This rule amends the Export Administration Regulations (EAR) to remove the short supply license requirements that, prior to the entry into force of the “Consolidated Appropriations Act, 2016” (Pub. L. 114-113) on December 18, 2015, applied to exports of crude oil from the United States. Specifically, this rule […]

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Source: Reuters The U.S. government plans to temporarily lift export curbs it imposed on Chinese telecom equipment and smartphone maker ZTE Corp (0763.HK) for alleged Iran sanctions violations, a senior Department of Commerce official said. The Commerce Department restrictions imposed earlier this month made it difficult for ZTE to acquire U.S. components by requiring its […]

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