The World Trade Organization's published agenda for the Dispute Settlement Body's July 26 meeting indicates China will request the establishment of a dispute settlement panel on the U.S. government's tax credits for electric vehicles under the Inflation Reduction Act.
European officials last week called for more EU-U.S. cooperation on China policy, particularly around trade restrictions, to respond to Beijing’s unfair market practices and deter its military.
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, said July 11 he has told Indian leaders to stop buying new Russian military equipment or risk losing his support for U.S. arms exports to the South Asian country.
Nikolay Goltsev of Montreal and Brooklyn, New York, resident Salimdzhon Nasriddinov pleaded guilty July 9 to conspiracy to commit export control violations. The two men shipped electronic components to sanctioned Russian companies, some of which were then found in "seized Russian weapons platforms and signals intelligence equipment in Ukraine," according to DOJ.
Exporters of dairy products to India will on Sept. 1 be required to appear on a list of approved establishments eligible to export to the country, the FDA said in an emailed news release last week. The Food Safety and Standards Authority of India “will include establishments on these lists that have been found to comply with applicable food safety requirements by the competent authority of the exporting country,” the FDA said. The agency will keep a list of establishments that have “expressed interest in exporting dairy to India” and that the FDA has found to meet U.S. requirements, and the agency will “transmit an initial list of such firms to FSSAI” by Sept. 1, it said. Establishments that want to be included on the initial list should request to be added by Aug. 23 using the FDA’s Export Listing Module, the FDA said.
Senior U.S. sanctions and export control officials recently warned a group of American CEOs to do more due diligence on their semiconductor shipments, telling them Chinese suppliers are frequently sending their products to Russia.
The Bureau of Industry and Security made its first update to its new boycott Requester List, a list of entities that have asked other companies to boycott goods from certain countries in violation of the Export Administration Regulations. The agency said freight forwarders, banks and other entities involved in international trade transactions should review the list to help them comply with BIS antiboycott rules.