President Donald Trump issued an executive order Sept. 10 that “strengthens and expands” the State and Treasury departments' sanctions authorities against terrorists, the Treasury's Office of Foreign Assets Control said in a notice. Among several changes, the order allows the U.S. to impose “correspondent account or payable-through account sanctions” on foreign banks that “knowingly conducted or facilitated any significant transaction” for a U.S. sanctioned global terrorist, OFAC said.

The International Chamber of Commerce released its 2020 incoterms on Sept. 10, saying the newest version is easier to use and includes “explanatory notes with enhanced graphics to illustrate the responsibilities of importers and exporters." The new incoterms also include a more detailed explanation for traders on how to choose the right incoterms for their transactions or “how a sales contract interacts with ancillary contracts," the ICC said.

The Commerce Department Bureau of Industry and Security issued two sets of Frequently Asked Questions involving Huawei and the extension of its temporary general license, including information on what changes came with the extended license, which transactions are covered and more. But the agency did not say whether it planned to again renew the temporary general license when it expires Nov. 18. “Any decision to renew the Temporary General License will be made at the sole discretion of the U.S. Government,” BIS said.

Export Compliance Daily is providing readers with some of the top stories for Sept. 3-6 in case they were missed.

U.S. farmers and producers are lagging behind in agricultural production, impacting trade and exports, a U.S. Department of Agriculture official said. Those same farmers and producers are suffering from “catastrophic” conditions from trade-war tariffs, leading to a potentially problematic increase in federal aid to the U.S. agriculture sector, trade experts said.

The U.S. trade representative and India's Commerce and Industry Minister Piyush Goyal have been talking on the phone, with the goal of trading a return to the Generalized System of Preferences benefits program for better agricultural access, according to two sources following the trade talks. The original industry complaints about market access filed with USTR, requesting that India be expelled from GSP privileges were from the medical device industry and from the dairy industry. A lawyer following the trade talks said that "there's talk -- and this is still a very contentious issue" -- that the pricing controls on medical devices, such as stents, would be changed in India.

The Commerce Department is aiming to publish its advance notice of proposed rulemaking for foundational technologies before the end of September, said Rich Ashooh, the assistant secretary for export administration. “That’s kind of the goal,” Ashooh said, speaking during a Sept. 5 Materials Technical Advisory Committee meeting. “It’s really important for us to get there.”

The Commerce Department has been receiving fewer questions and complaints on export controls as it proceeds with the government’s Export Control Reform initiative, said Hillary Hess, director of the regulatory policy division at the Bureau of Industry and Security. The reform process, which began under the Obama administration and continues as Commerce prepares to release proposed export controls on emerging and foundational technologies (see 1909030037), has proved largely “effective,” Hess said. Hess said she uses the number of complaints from U.S. industry as a measurement.

China said it will continue to push for Huawei to be included in any potential U.S.-China trade deal, despite President Donald Trump saying the U.S. does not want to discuss Huawei in negotiations. “China’s position is clear. It is hoped that the U.S. will stop using the national power to suppress the wrong practices of Chinese enterprises in the name of national security,” China’s Ministry of Commerce spokesman said Sept. 5, according to an unofficial translation of a transcript from a press conference.

The Treasury’s Office of Foreign Assets Control announced sanctions on a shipping network that moves hundreds of millions of dollars of oil for Iran, Treasury said in a Sept. 4 press release. The network includes dozens of ship managers, ships and “facilitators” overseen by Rostam Qasemi, a senior Iranian military official and the country’s former minister of petroleum. The sanctions target 16 entities, 10 people and 11 ships.