Insights on Export Controls & Economic Sanctions

Welcome to the June 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month.

Three US agencies – the US Department of Commerce, Bureau of Industry and Security (BIS), the US Department of the Treasury, Office of Foreign Assets Control (OFAC), and the US Department of State – took new actions on June 11.

ArentFox Schiff is pleased to announce that 70 attorneys were recognized as leaders in their field and 23 practices spanning the firm’s litigation, regulatory, and transactional capabilities were ranked among the best in the country in the 2024 edition of Chambers USA: America’s Leading Lawyers for Business.

Welcome to the May 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month.

We love it when the US Government actually makes life easier for US exporters. What happened?

License Exception MED, published by the US Department of Commerce’s Bureau of Industry and Security (BIS) on April 25, authorizes the export, reexport, or in-country transfer of EAR99 “medical devices” to non-military hospitals but comes with new restrictions and due diligence requirements.

Hidden in the supplemental emergency appropriation bill (containing support for Israel and Ukraine) that President Biden signed on April 24 is a provision extending the current five-year SoL under the International Emergency Economic Powers Act (IEEPA) and the Trading with the Enemy Act to 10 years.

Join Sylvia Costelloe as she speaks on a panel co-hosted by Women in International Trade Orange County (WITOC) and the US Commercial Service, Irvine Office.

Two years after the start of Russia’s war in Ukraine and one week after the death of opposition politician and anticorruption activist Aleksey Navalny, the US government announced a new raft of sanctions and export controls targeting nearly 600 individuals and entities.

International Trade Counsel Sylvia Costelloe is a panelist at the American Bar Association’s International Law Section’s upcoming webinar on the major updates in economic sanctions in 2023.

ArentFox Schiff is pleased to announce that five practice areas and 11 attorneys were recognized by Chambers Global 2024.

On January 25, almost two years after Russia’s further invasion of Ukraine, the US Department of Commerce, Bureau of Industry and Security (BIS) issued a final rule (the Rule) strengthening existing export controls relating to Russia, Belarus, and Iran.

Join James Kim and Sylvia Costelloe at DesignCon 2024 in Santa Clara, California, as they share the latest from Washington on the ever-evolving trade regulations impacting the global electric vehicle supply chain.

Kay Georgi discusses new BIS rules at the Canadian Institute’s 13th Annual Forum on US Export & Re-Export Compliance for Canadian Operations.

Just in case you were starting to get comfortable with last year’s massive raft of regulations on the advanced computing, supercomputer, and semiconductor industries in China, the US Department of Commerce, Bureau of Industry and Security (BIS) has dropped another 400-something pages.

Kay Georgi moderates a panel at the Society for International Affairs 2023 Fall Advanced Conference.

Kay Georgi speaks on a panel at the Practising Law Institute’s 2023 conference, Coping with US Export Controls and Sanctions.

ArentFox Schiff is pleased to announce that 70 attorneys were recognized as leaders in their field and 24 practices spanning the firm’s litigation, regulatory, and transactional capabilities were ranked in the 2023 edition of Chambers USA.

Kay Georgi speaks on a panel at C5’s Conference: European Forum on Global Economic Sanctions.

Kay Georgi speaks on a panel at the American Conference Institute’s 5th Conference on US-China Trade Controls.

On Friday, February 24, the one-year anniversary of Russia’s further invasion into Ukraine, President Biden, the Office of Foreign Assets Control (OFAC), the US Department of State, and the US Department of Commerce, Bureau of Industry and Security (BIS) imposed new sanctions.

ArentFox Schiff is pleased to announce that five practice areas and 11 attorneys were recognized by Chambers Global 2023.

ArentFox Schiff International Trade Associate Sylvia Costelloe is a panelist at the American Bar Association’s International Law Section’s upcoming webinar titled “2022 Year-in-Review Programs: Export Controls”.

ArentFox Schiff International Trade Associate Sylvia Costelloe is a panelist at the American Bar Association’s International Law Section’s upcoming webinar titled “Your Contract is Now Unlawful: What to do when the Sanctions Are Imposed in the Middle of the Deal.”

Kay Georgi speaks at the 12th Annual Export & Re-export Compliance for Canadian Operations Conference.