Month: March 2019

Freshly Brewed
Global Trade
Iran
OFAC
Sanctions

Stanley Black & Decker OFAC Settlement: Iran Exports

March 28, 2019:  Yesterday, the Treasury Department issued a notice of settlement with Stanley Black & Decker, Inc. and its Chinese subsidiary for alleged violations of Iran sanctions.  The $1,869,144 settlement is related to allegations that in 2013 and 2014 the Chinese sub “exported and attempted to export 23 shipments of power tools and spare […]

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Crimea
Global Trade
Russia
Sanctions

Like the US and the EU, Canada Imposed Sanctions on Russia Over Crimea

Earlier this month, Canada showed it support of Ukraine when it increased the number of Russian individuals and entities sanctioned in connection with Russia’ aggression toward Crimea.   More specifically, the Canadian sanctions were imposed on additional 114 individuals and 15 entities, under the Special Economic Measures Act in connection with Russia’s military actions against three Ukrainian […]

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Global Trade
OFAC
Sanctions
SDN

OFAC Sanctions – DRC: Congolese Officials

Last week, OFAC added Congolese officials on its SDN list due to their activities that undermined DRC elections.  As the Treasury release notes, “[t]his action follows persistent corruption by senior officials within the DRC’s National Independent Electoral Commission (CENI) and the former Kabila Government to obstruct and delay preparations for credible and inclusive elections.”  The three […]

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Global Trade
Iran
OFAC
Sanctions
SDN

OFAC Designations: Iran Nuclear Research Participants

March 26, 2019:  Last week, OFAC added to the Iran SDN by sanctioning organizations and individuals in connection with an Iranian defense entity that was linked to Iran’s previous nuclear weapons efforts.  Altogether, OFAC and the U.S. Department of State designated 14 individuals and 17 entities.  For the full list of the entities and individuals […]

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Anti-dumping
China
Commerce Department
Global Trade
Investigations
ITC

New Anti-Dumping Duties: Cast Iron Soil Pipe from China

Last week, March 20, 2019, the USITC issued a notice of its determination that a U.S. industry is materially injured by reason of imports of cast iron soil pipe from China; the U.S. Department of Commerce (“Commerce”) has determined these imports are subsidized and sold in the United States at less than fair value. As […]

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Anti-Trust
Cases
EU
Freshly Brewed

Google Fined by the EU for Antitrust Violations

Earlier today, the the European Commission issued a press release noting that it has fined Google €1.49 billion for breaching EU antitrust rules. According to the release, Google abused its market dominance by imposing restrictive clauses in contracts with third-party websites, preventing them from placing their search ads on these websites. The Commission found that: […]

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EU
Russia
Sanctions

EU Lists 8 Russian Officials: Ukraine Sanctions

Last week, the EU listed 8 Russian officials in response to “escalation in the Kerch Strait and the Sea of Azov and the violations of international law by Russia, which used military force with no justification”. The newly added officials are targeted due to their actions against territorial integrity, sovereignty or independence of Ukraine.  The […]

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Anti-Corruption
Freshly Brewed
Global Trade
OFAC
Sanctions
Venezuela

Treasury Sanctions Venezuela’s State Gold Mining Company – Minerven

Earlier today, the Treasury Department announced that OFAC designated “VG Compania General de Mineria de Venezuela CA, or Minerven, the Venezuelan state-run ferrous metals mining company, and its President, Adrian Antonio Perdomo Mata, targeting the illicit gold operations that have continued to prop up the illegitimate regime of former President Nicolas Maduro.” The following individual […]

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North Korea
Sanctions
UN Security Council

UN Investigating Possible N Korea Sanctions Violations

March 19, 2019:  The UN is investigating potential North Korea sanctions violations that involve some twenty countries.  The UN Panel Report details observations of actions that point to possible military, trade and financial sanctions violations via clandestine procurement for nuclear programmes” in China, reports of military cooperation between North Korea and Syria, Libya, Iran, Egypt, […]

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Global Trade
Iran
Sanctions

US Continues National Emergency with Iran

March 18, 2019:  On Tuesday of last week, the White House issued a release, noting that the President will continue the existing national emergency with respect to Iran declared in Executive Order 12957 for one year, beyond March 15, 2019. This is a summary.  Click here for the White House release.

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