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BIS Publishes final rule making conforming and clarifying changes to the Export Administration Regulations (EAR).
These changes include making conforming changes to the EAR to ensure that destination names reflect the current destination names that are recognized by the United States Government, clarifying the removal of certain license requirements for exports, reexports, and transfers (in-country) to and within Australia and the United Kingdom, making a conforming change to reflect that Cyprus is no longer a Country Group D:5 country, and clarifying how Russia and the Russian Federation are referenced for consistency with the designation of Russia as a U.S. Arms Embargoed destinations.
Reuters reports the Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models
There are currently no restrictions on the sale of AI models to foreign adversaries, presenting a potential national security risk.
OFAC announced it has removed Russo-Maltese executive jet operator Emperor Aviation and its fleet from the list of Specially Designated Nationals. No explanation was provided for the change.
The company and aircraft had been added to OFAC’s Specially Designated Nationals (SDN) list for conducting travel for the family of Suleiman Kerimov.
The Emerging Technology Technical Advisory Committee (ETTAC) will meet on May 23 and 24, 2024, at 9:00 a.m.-3:00 …The Committee’s primary focus is the identification of emerging and foundational technologies that may be developed over a period of five to ten years with potential dual-use applications as early as possible in their developmental stages both within the United States and abroad, and any other matters relating to actions designed to carry out the policy set forth in Section 1752(1)(A) of the Export Control Reform Act. The purpose of the meeting is to have Committee members and U.S. Government representatives mutually review updated technical data and policy-driving information that has been gathered.
Treasury’s Office of Foreign Assets Control (OFAC) is issuing an interim final rule to amend the Reporting, Procedures and Penalties Regulations (the “Regulations”), to require …
Canadian officials applauded Monday's decision by the North American Free Trade Agreement (NAFTA) Chapter 19 panel on U.S. countervailing duties on Canadian softwood lumber:
“Canada welcomes the panel’s decision that U.S. duties on Canadian softwood lumber are inconsistent with U.S. law.
“The Canadian softwood lumber industry is a critical and reliable partner to the United States, creating jobs and making valuable contributions to our deeply integrated North American supply chains," said foreign minister Mary Ng in a statement.
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