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.
Export Compliance Daily is providing readers with some of the top stories for Aug. 26-30 in case they were missed.
The Convention on International Trade in Endangered Species recently adopted widespread changes to international restrictions on trade in plants and wildlife at its triennial Conference of the Parties held Aug. 17-28 in Geneva. Among those changes are an expanded exemption from permit requirements for finished goods, including instruments, made from certain species of rosewood that will take effect sometime in November.
A Bureau of Industry and Security official acknowledged a delay in the agency’s proposed rulemaking for foundational technologies, saying she and other top Commerce Department officials expected the notice to be published by now. “I personally thought foundational would be out faster than it is. It was not just higher-level people,” said Hillary Hess, BIS’s director of the regulatory policy division, speaking during a Sept. 3 panel hosted by the American Bar Association.
A federal court in Philadelphia sentenced an exporter of protected wildlife to six months in prison for smuggling terrapins to Canada in violation of the Lacey Act, the Justice Department said in an Aug. 29 press release. David Sommers of Levittown, Pennsylvania, had pleaded guilty in February to Lacey Act false labeling violations related to the misdeclaration of diamondback terrapins on a commercial invoice and international air waybill he submitted to a carrier for a shipment to Canada.
A recent Canada Border Service Agency policy update on how it administers antidumping normal value reviews seems to mark a notable shift away from a prospective system of trade remedies, lawyers at Borden Ladner said in a recent blog post. The new policy, which was announced (see 1907190017) in a July 19 memo, reduces predictability about whether a sales price "will be sufficient to avoid duty liability when goods are imported into the Canadian market," the firm said. CBSA disagreed with the characterization and said the policies "were informed by consultation with industry, workers, and other stakeholders."
China is not looking to escalate its trade war with the U.S. and wants to focus on removing tariffs, not adding them, a Chinese government spokesman said Aug. 28. “We are resolutely opposed to the escalation of the trade war and are willing to resolve the issue through consultation and cooperation in a calm attitude,” said Gao Feng, a commerce ministry spokesman, according to an unofficial translation of a press conference transcript. “The escalation of the trade war is not conducive to China, not to the United States, and is not conducive to the interests of the people of the world.”
Nazak Nikakhtar is no longer the acting Commerce Department undersecretary for industry and security, a position she held as she awaited confirmation from the Senate, a Commerce spokesperson said. Nikakhtar is no longer performing that duty and is now focused solely on her role as assistant secretary for industry and analysis. Her nomination has not yet been officially withdrawn.
Almost half of companies that responded to the U.S.-China Business Council's annual survey on the business climate in China said they have lost sales in China since the trade war began. The most common reason is because of retaliatory tariffs on U.S. imports to China, according to these 100 multinational firms based in the U.S. Another third said they lost sales because of U.S. tariffs.
The State Department is removing certain “lower performing radars” from the U.S. Munitions List and is extending for two years a temporary modification to Category XI, the State Department said in a notice in the Federal Register.