On 14th July 2020, U.S. President Trump signed Executive Order 13936 announcing the Special Administrative Region of Hong Kong (Hong Kong) is “no longer sufficiently autonomous to justify differential treatment” in relation to the People's Republic of China. As a result, the new policy of the U.S. is to “suspend or eliminate different and preferential treatment” for Hong Kong. In accordance with Executive Order 13936, the U.S. Department of the Treasury’s Office of Foreign As
The U.S. Department of State has updated the Countering America’s Adversaries Through Sanctions Act (CAATSA) Section 232 public guide. The purpose of the public guidance update is to “address certain growing threats to U.S. national security and foreign policy interests . . . particularly with respect to Nord Stream 2 and the second line of TurkStream.” The State Department has deleted portions of the public guidance that were in effect prior to 15th July 2020. These deleted
The U.S Bureau of Industry and Security (BIS) has amended the Export Administration Regulations (EAR) by adding 11 entities to the Entity List. Nine of these entities are allegedly connected with the practice of forced labor involving Muslim minority groups from the Xinjiang Uyghur Autonomous Region (XUAR). The other two entities added to the entity list are allegedly involved with genetic analyses of Muslim minorities in XUAR. This ruling also modifies 37 entries on the Enti
Effective 17th July 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Nicaragua Sanctions Regulations (85 FR 43436). Additionally, OFAC added a general license to authorize “certain United States government activities.” OFAC has also amended Ukraine-related General Licenses No. 13O (“Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group”) and 15I (“Authorizing Certain Activi
On 9th July 2020, the European Commission (EC) adopted a Communication entitled “Getting ready for changes - Communication on readiness at the end of the transition period between the European Union and the United Kingdom.” The Communication gives an overview for national authorities, businesses and citizens of primary areas that will change after the transition period ends on 31st December 2020. Although the EU and the UK are currently negotiating an agreement on a new partn
On 6th July 2020, the UK’s Global Human Rights Sanctions Regulations 2020, made under the Sanctions and Anti-Money Laundering Act 2018, came into force. Forty-nine individuals and organizations have been sanctioned for involvement in human rights violations: 25 Russians involved in the detention, mistreatment and death of Sergei Magnitsky 20 Saudis involved in the death of Jamal Khashoggi 2 Myanmar military generals involved in human rights violations against the Rohingya po
On 29th June 2020, the U.S. Department of State declared that it will end exports of U.S.-origin defense equipment and "will take steps" towards normalizing treatment of Hong Kong and China in regards to U.S. defense and dual-use technologies (affecting Export Administration Regulations (EAR) and the Commerce Control List (CCL)). The U.S. Department of Commerce added that the new security measures China has imposed on Hong Kong increase the risk of U.S. technology being diver
Effective 1st July 2020, the United States Census Bureau has updated the Schedule B tables. Although the Automated Export System (AES) will accept shipments with outdated codes for 30 days beyond the 30th June 2020 expiration date, after this grace period an outdated code will result in a fatal error. The data reflecting these changes are available via PST.AG's data feed notification to our customers.