EU-US: Export Controls and Sanctions Update for Summer 2017 (July/August/September)

    View Authors September 2017

    In this issue, we cover:

    EU

    • Entry Into Force of Additional Requirements for Licenced Trade With Iran
    • Sanctions on Russia Expanded Over Allegations of Diverted Turbines
    • Further Sanctions Imposed on Libya by EU and UN
    • EU Transposes UN Sanctions on North Korea
    UK
    • New Sanctions Introduced Criminalising Failure to Report Offences
    US
    • US Enacts New Economic Sanctions Against Iran, Russia, North Korea and Syria
    • Trump Administration Extends Review Period and Suspension of Sudan Sanctions Program
    • BIS Amends the EAR to Reflect Changes to the MTCR Annex
    • BIS Publishes EAR Encryption Updates
    • Trump Administration Imposes Additional Venezuelan Sanctions
    • OFAC Sanctions Parties From Singapore, China and Russia for Aiding North Korea
    Worldwide
    • Turkey Removes Longstanding Export Restrictions on Copper and Aluminum Scrap
    • UN Approves Further Sanctions Against North Korea
    Enforcement Actions
    • ExxonMobil Corporation to Pay US$2 Million Penalty for Sanctions Violations From Russia Energy Contracts
    • Singapore Firm Agrees to US$12 Million for Violations of US Iran Sanctions
    We encourage you to visit our blog The Trade Practitioner, where you will find further updates on export controls, sanctions and other international trade topics. In addition, organizations engaged in the trade of items specially designed for military or space applications are encouraged to download our complimentary ITAR Practitioner’s Handbook covering the International Traffic in Arms Regulations (ITAR) and the US Department of Commerce "600 Series."

    Please click “download” above for a copy of the complete update.