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The European Council today adopted restrictive measures targeting the Belarusian economy, extending the export ban on dual-use/advanced goods and technologies, the measures include maritime navigation goods and technologies, and luxury goods. Also controlled are services exports, transport, and select imports from the Russian vassal state.
The regulation requires that EU exporters insert in their future contract the so-called 'no-Belarus clause', through which they contractually prohibit the re-exportation to Belarus or re-exportation for use in Belarus of sensitive goods and technology, battlefield goods, firearms and ammunition.
While Hanoi's red carpet treatement for longtime ally Valdimir Putin spurs consternation in Washington, economic statecraft with the country's largest trading partner continues apace.
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The Office of the United States Trade Representative Friday released its 2024 Biennial Report on the Implementation of the African Growth and Opportunity Act (AGOA) Report.
The top destination markets for US exports were South Africa, Nigeria, Ethiopia, Ghana, and Angola, while the top suppliers to the US were South Africa, Nigeria, Ghana, Angola, and Côte d’Ivoire.
House Republicans’ proposed cuts to the Commerce Department’s fiscal year 2025 budget will undermine the department’s efforts to fight China’s attempts to illegally obtain US …
The proposed purchase of US Steel by Japan’s Nippon would undermine US trade enforcement, three Senate Democrats argue in letters to key Administration officials.
Sens. Sherrod Brown (Ohio), Bob Casey (Pa) and John Fetterman (Pa) raised the alarm that Nippon’s proposed purchase of US Steel would destabilize the trade enforcement system – and in the process threaten US industry, workers and national security.
Commerce Secretary Gina Raimondo and Japanese Minister of Economy, Trade and Industry Ken Saito discussed their shared concerns about the use of non-market practices involving supply sources for strategic goods.
The two held a ministerial meeting yesterday of the Japan-US Commercial and Industrial Partnership. After bilateral consultations, the two ministers met with their Korean counterpart.
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