On March 1, 2018, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) announced the amendment and reissuance in their entirety of the North Korea Sanctions Regulations, 31 C.F.R. Part 510 (“NKSR”). The Final Rule can be found here. These changes to the NKSR took effect on March 5, 2018 upon publication in the Federal Register. OFAC also published 13 new FAQs, which can be found here.
On March 5, 2018, the Federal Register published one year extensions to the following national emergencies because actions and policies addressed in the Executive…
What is the Global Pedimento? The global pedimento is an administrative benefit established in the Foreign Trade General Rules, by means of which it…
On March 1, 2018, President Trump hosted a “listening session with representatives from the steel and aluminum industry.” During the session, representatives of the…