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National Security Advisor Jake Sullivan met with China's Foreign Minister Wang Yi in Beijing last week, where the two sides agreed to initiate a call between the heads of state of both countries “in the coming weeks” and a video call at the military-theater-command level “at an appropriate time.”
U.S. efforts to curtail Chinese access to advanced tech, including semiconductors, were criticized by Wang, with the top Chinese diplomat calling on Washington to stop politicizing trade issues.
RTX Corporation, the defense contracting roll-up formerly known as Raytheon, has entered into a settlement agreement with the U.S. Department of State following a comprehensive investigation into violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Regulations (ITAR).
By paying $100 million in fines and promising to spend another $100 million on compliance programs, the firm avoids debarment and further criminal or civil action.
Department of State, Directorate of Defense Trade Controls (DDTC) is requesting comments on the administration of Form DS-2032 Statement of Registration;
The NTE Report sets out an inventory of significant foreign barriers to, or distortions of, U.S. exports of goods and services, including agricultural commodities and U.S. intellectual property; foreign direct investment by U.S. persons, especially if such investment has implications for trade in goods or services; and U.S. electronic commerce.
USTR invites comments to assist it and the TPSC in identifying significant foreign barriers to, or distortions of, U.S. exports of goods and services, U.S. foreign direct investment, and U.S. electronic commerce for inclusion in the NTE Report.
CBP invites the general public and other Federal agencies to comment on a proposed Global Interoperability Standard capable of tracking changes in ownership and destination of pipeline-borne goods such as crude oil, from wellhead to refinery.
If successful, the test could result in the ability to potentially eliminate all port-level paper processes as well as create an automation environment in which pre-arrival data collection, in-bond tracking, and Free Trade Agreement compliance traceability no longer pose issues.
The Justice Department declined to prosecute the Boston Consulting Group, Inc. (BCG) for a scheme in which the firm paid $4.3 million in "commissions" to obtain consulting contracts with the government of Angola.
The Government’s investigation found evidence that from in or about 2011 until in or about 2017, BCG, through its Lisbon, Portugal office, paid its agent in Angola to help BCG obtain business from the Angolan Ministry of Economy (“MINEC”) and the National Bank of Angola (“BNA”).
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