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There are 5 new posts in "International Trade Law News"

Highlights from Bureau of Industry and Security's 2012 Annual Report

The Bureau of Industry and Security (BIS) recently published its annual report to Congress for Fiscal Year 2012.

In addition to providing an overview of BIS's activities during the past year, including regulatory changes, the report contains extensive information on licensing, enforcement and antiboycott-related activities.

Here are some of the highlights of the 2012 Annual Report:

Licensing:

  • BIS processed 23,229 export license applications (compared to 25,093 in Fiscal Year...

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Reminder: Annual Burma Responsible Investment Reports Must be Submitted to State Department on July 1, 2013

The State Department's Burma (Myanmar) Responsible Investment Reporting Requirements have received final approval from the Office of Management and Budget and U.S. persons having an aggregate new investment in Burma over $500,000 must submit their first annual report by July 1, 2013.

By way of background, when the State Department announced on May 2012 that the U.S. would suspend sanctions on Burma, the U.S. Government stated that it would require U.S. companies that engaged in new...

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Registration is Now Open for BIS Export Controls Conference to be Held in Washington, DC from July 23-25, 2013.

Registration is now open for the 26th Annual Update Conference on Export Controls and Policy that will be held in Washington, DC from July 23-25, 2013 at the Washington Hilton hotel.

The theme of this year’s conference is, “Export Control Reform: Fulfilling the Promise.” The agenda will focus on the recently published and proposed rules implementing the Obama Administration's Export Control Reform initiatives.

Recurring topics, such and sanctions compliance, export enforcement,...

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DDTC Issues Proposed Changes to Definition of "Defense Services" in the ITAR

On May 24, 2013 the State Department's Directorate of Defense Trade Controls (DDTC) published a proposed rule that would amend U.S. Munitions List Category XV which includes spacecraft systems and related articles.

Also included in the proposed USML Category XV rule is a proposed new definition of the phrase "defense services" in section 120.9 of the International Traffic in Arms Regulations (ITAR).

This is the second proposed change to the definition of "defense services" in the ITAR....

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Treasury Department Publishes List of Countries That May Require Participation With an International Boycott

The U.S. Department of the Treasury today published in the Federal Register the list of list of countries that may require participation in, or cooperation with, an international boycott, as defined by section 999(b)(3) of the Internal Revenue Code of 1986.

Treasury has advised that the following nine countries may require participation in, or cooperation with, an international boycott:

  1. Iraq
  2. Kuwait
  3. Lebanon
  4. Libya
  5. Qatar
  6. Saudi Arabia
  7. Syria
  8. United Arab Emirates
  9. Yemen
...

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