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US – OFAC issues Burma Sanctions Regulations

By , and 2 Mins Read

On June 1, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) published the Burma Sanctions Regulations at 31 C.F.R. Part 525 (the “BSR”) to implement Executive Order 14014, “Blocking Property With Respect to the Situation in Burma” (“EO 14014”). EO 14014 imposed sanctions on certain Burmese parties in response to the Burmese military’s coup against the democratically elected civilian government. The BSR do not expand upon the sanctions previously imposed under EO 14014, but…

UK – CPTPP nations agree to the UK’s bid to begin the accession process to the CPTPP

By 1 Min Read

On 2 June 2021, the UK government announced that the CPTPP nations had agreed to the UK’s bid to begin the accession process to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is a trade agreement between 11 countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam), covering 500 million people. The announcement said the UK will continue to work closely with Japan, as this year’s…

US – USTR announces and immediately suspends tariffs in Section 301 Digital Services Taxes investigation

By 6 Mins Read

On June 2, 2021, United States Trade Representative (USTR) Katherine Tai announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey, and the United Kingdom. The final determination in those investigations is to impose additional tariffs of 25% on certain goods (specified in Annex A to each notice) from these countries, while suspending the tariffs for up to 180 days to provide additional time…

Myanmar: The legal effect of the 17 May 2021 US sanctions on businesses

By 7 Mins Read

On 17 May 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an additional round of sanctions pursuant to Executive Order 14014 “Blocking Property with Respect to the Situation in Burma” (“EO 14014”). It designates and adds the State Administrative Council (SAC), four individual members of the SAC, seven SAC-appointed ministers, the SAC-appointed governor of the Central Bank of Myanmar (CBM), the SAC-appointed chairman of the Union Election Commission and…

UK – Updates to UK Information Security Open Licences – what’s new?

By , , and 3 Mins Read

The scope of the two Open General Export Licences (OGEL) for security items has been further refined and amendments to the OGELs were on Wednesday (26 May 2021) published by the Department for International Trade in a Notice to Exporters. The updated OGELs permit the export of low risk information security items that rely on encryption technologies listed in Schedule 1 to each OGEL. The new Information Security OGELs cover a significantly wider range of items than the…

US – CBP publishes instructions for distribution of CDSO to affected domestic producers

By 1 Min Read

On May 28, 2021, US Customs and Border Protection (CBP) published in the Federal Register a notice of intent to distribute assessed antidumping or countervailing duties in connection with countervailing duty orders, antidumping duty orders, or findings under the Antidumping Act of 1921 (known collectively as the continued dumping and subsidy offset) for Fiscal Year 2021 pursuant to the Continued Dumping and Subsidy Offset Act of 2000 (CDSOA). Although the CDSOA was repealed by the…

OFAC extends authorization to engage in transactions involving securities of certain Communist Chinese Military Companies

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On May 18, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued General License 1B, “Authorizing Transactions Involving Securities of Certain Communist Chinese Military Companies,” (“GL 1B”) in relation to OFAC’s Communist Chinese Military Companies (CCMCs) sanctions program as implemented pursuant to Executive Order 13959 (EO 13959) and amended by Executive Order 13974. Our blog posts on EO 13959 and OFAC’s prior guidance on the CCMC sanctions program are available here and here. As with the original…

US – State proposes to update definition of “Regular Employee” in ITAR

By 1 Min Read

On May 27, 2021 the Department of State published in the Federal Register a proposed rule [Public Notice: 11406] that would update the definition of regular employee in section 120.39 of the International Traffic in Arms Regulations (ITAR) to allow subject persons to work remotely, and to clarify the contractual relationships that meet the definition of regular employee. Comments are due on or before July 26, 2021.

Russia – Foreign IT companies to be required to open local offices under draft law

By , , , , and 3 Mins Read

News in brief Foreign Internet sites, web-pages, information systems and programs aimed at Russian audiences may be required to open local offices in accordance with a draft law being considered by the Russian parliament.The new rules (contained in a draft law that was presented to the State Duma on 21 May 2021) will apply to foreign companies or individuals if their daily audience in Russia is more than 500 thousand users, provided they meet one of…

China retaliatory tariff measures update

By , , and 1 Min Read

On 16 May 2021, the People’s Republic of China (PRC)’s Customs Tariff Commission of the State Council (CTC) issued Circular [2021] No. 5 to extend the effective period for the second product exclusion list for the second batch of US products subject to Chinese retaliatory tariffs from 19 May 2021 to 25 December 2021. Click here to see the announcement. The exclusion list covers 79 products in total, including certain industrial chemicals, textiles, metals, electric…