The Federal Maritime Commission this week released its final rule on unreasonable carrier conduct, the last step in the FMC’s nearly two-year campaign of crafting regulations to address ocean carriers that unfairly refuse vessel or cargo space to shippers.
European officials last week called for more EU-U.S. cooperation on China policy, particularly around trade restrictions, to respond to Beijing’s unfair market practices and deter its military.
Although some industries may initially have an easier time complying with the EU’s new anti-deforestation rules when they take effect at the start of next year, others may face a learning curve trying to ramp up their due diligence efforts, supply chain sustainability lawyers and advisers said this week. They also warned that EU companies that trade in large volumes of goods subject to the new law likely won’t be able to comply using only a manual due diligence process.
The U.S. is trying to convince more of its allies to increase export controls on advanced semiconductors and chip making equipment destined to China, but some haven’t committed, in part because they’re worried about possible trade retaliation from Beijing, said Alan Estevez, undersecretary of the Bureau of Industry and Security.
The Bureau of Industry and Security is revising its regulations so that export controls don’t “impede or jeopardize” U.S. participation in international standards-setting bodies and other standards-related activities (see 2406180014), the agency said in an interim final rule released July 17.
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The State Department’s recently published spring 2024 regulatory agenda mentions several rules that could update defense export controls under the International Traffic in Arms Regulations, including one that would update ITAR language surrounding defense services and another to revise controls for certain circuit boards and semiconductors.
The Census Bureau plans to soon issue a rule that could clarify regulations governing in-transit shipments that travel through the U.S. from foreign countries before being exported to another foreign destination.
The Commerce Department’s spring 2024 regulatory agenda for the Bureau of Industry and Security features a range of upcoming rules that could update and expand U.S. export control regulations, including new controls on the activities of U.S. persons in support of foreign military and intelligence agencies, revised regulatory language to address “diversion concerns,” new multilateral restrictions on emerging technologies and broader license requirements for Pakistan.
The EU last week called on traders to bolster their export compliance programs, warning that it plans to continue expanding its restrictions on Russia and will target more third-country customers illegally transshipping controlled items to Russia’s military.