Amjad Wakil

Sep 16, 2024 | lexology.com | George N. Grammas |Amjad Wakil

On September 5, 2024, the Bureau of Industry and Security (BIS) issued an Interim Final Rule (IFR) implementing export controls on several semiconductor, quantum and additive manufacturing items, as well as Gate-AllAround Field-Effect Transistor (GAAFET) technology.

Jul 18, 2024 | squirepattonboggs.com | George N. Grammas |Amjad Wakil

On September 5, 2024, the Bureau of Industry and Security (BIS) issued an Interim Final Rule (IFR) implementing export controls on several semiconductor, quantum and additive manufacturing items, as well as Gate-All- Around Field-Effect Transistor (GAAFET) technology.

Jun 30, 2024 | lexology.com | George N. Grammas |Christopher Clark |Amjad Wakil

On June 12, 2024, the US Department of Commerce Bureau of Industry and Security (BIS) imposed additional export control measures against Russia and Belarus by expanding the scope of items subject to the Export Administration Regulations (EAR) sectoral sanctions. The amendments to the EAR were issued in conjunction with the issuance of sanctions against over 300 individuals and entities by the Department of Treasury Office of Foreign Assets Control (OFAC) and the Department of State.

Apr 23, 2024 | lexology.com | José Viñals |Jeremy P. Paner |Daniel Waltz |Diego Pascual |Tigran Piruzyan |María Pitarch | +1 more

On 18 October 2023, the US implemented a temporary suspension of specific sanctions against Venezuela in response to the signing of an electoral roadmap agreement between Venezuela's unitary platform and representatives of President Maduro. Notably, this suspension included the issuance of General License 44, which broadly permitted transactions related to oil and gas sector operations in Venezuela until 18 April 2024.

Feb 19, 2024 | lexology.com | George N. Grammas |Amjad Wakil

On January 25, 2024, the US Department of Commerce Bureau of Industry and Security (BIS) published amendments to the Export Administration Regulations (EAR) expanding the sanctions against Russia and Belarus through new and revised licensing requirements. The amendments also refined existing export controls on Russia, Belarus and Iran to enhance the effectiveness of, and better align the controls with, those of US allies and partners.