Chinese telecom handset and equipment manufacturer Huawei has been forced by the Pentagon to seek retroactive approval from the Committee on Foreign Investment in the United States (“CFIUS”) for its $2 million acquisition of some of the assets of 3Leaf…
ABOVE: Pinnacle Aircraft Parts HQ The Office of Foreign Assets Control (“OFAC”) released civil penalty information revealing that Pinnacle Aircraft Parts, Inc., agreed to pay $225,000 to settle allegations that Pinnacle had failed to comply with an OFAC subpoena. OFAC…
Nigeria has reported that it has intercepted a shipment of weapons from Iran in violation of U.N. Sanctions and plans on reporting the intercepted exports as required by the U.N. resolutions enacting those sanctions. The shipment, which originated from the…
According to this article (subscription required) in today’s Wall Street Journal, recently released Burmese human rights activist and Nobel Peace Prize winner Aung San Suu Kyi may reconsider her position that the international community should continue to impose sanctions on…
Because we apparently have too many agencies involved in export control, the answer to this problem is, somewhat surprisingly, yet another export agency. Today the White House issued an order establishing the Export Enforcement Coordination Center within the Department of…