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March 16, 2021
Myanmar Economic Holdings Limited Because both the Ministry of Defence and Myanmar Economic Corporation play a large role in Burma’s economy, exporters doing business with Burma need to assess whether these entities play a role in any ongoing business activities (including as end user, purchaser, or intermediate consignee), as such activities could trigger a BIS licensing requirement. Additional restrictions In addition to the Entity List designations, BIS removed Burma’s eligibility for a ...
March 16, 2021
[co-author: Nicole Hager] In a rule that takes effect on March 16, 2021, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has determined to impose additional export licensing requirements in connection with military-intelligence end uses and end users under the Export Administration Regulations (EAR). The rule, implementing the Export Control Reform Act of 2018 (ECRA), covers not only exports of U.S. commodities, software, and technology, but also activities of U.S. per...
March 15, 2021
Six months after the Trump administration dealt a crushing blow to Huawei Technologies Co.’s smartphone business, the Chinese telecommunications giant is turning to less glamorous alternatives that may eventually offset the decline of its biggest revenue contributor. Among its newest customers is a fish farm in eastern China that’s twice the size of New York’s Central Park. The farm is covered with tens of thousands of solar panels outfitted with Huawei’s inverters to shield its fish fr...
March 15, 2021
Huawei pivots to fish farms, mining after US blocks its phones 6 min. 15.03.2021 Once the worldâs largest smartphone maker, the company has seen a series of US sanctions almost obliterate its lucrative consumer business Once the worldâs largest smartphone maker, the company has seen a series of US sanctions almost obliterate its lucrative consumer business Phone shipments tumbled 42% in the final three months of 2020 for the Chinese company Photo credit: AFP...
March 15, 2021
President Joe Bidens administration has added to its hard line on the Shenzhen tech company by tightening up restrictions on suppliers who sell components like semiconductors, antennas and batteries for Huaweis 5G equipment. Walk it through: Biden may be dismantling a lot of the past four years, but hes still keeping Chinese tech at arms length. (Source: The White House) And the measures, which come into force this week, go further than the confusing rules which followed the Trump administra...
March 15, 2021
To print this article, all you need is to be registered or login on Mondaq.com. The Biden Administration has been quick to respond to the unfolding situation in Myanmar (also known Burma): a day after the military, known as the Tatmadaw, seized control of the countrys government, the State Department declared the actions a coup détat, resulting in a cutoff of many categories of foreign assistance. Other sanctions followed soon after. As a result, both new economic sanct...
March 15, 2021
Six months after the Trump administration dealt a crushing blow to Huawei Technologies’ smartphone business, the Chinese telecommunications giant is turning to less glamorous alternatives that may eventually offset the decline of its biggest revenue contributor. Among its newest customers is a fish farm in eastern China that’s twice the size of New York’s Central Park. The farm is covered with tens of thousands of solar panels outfitted with Huawei’s inverters to shield its fish from ...
March 15, 2021
To embed, copy and paste the code into your website or blog: U.S. officials have continued to use a range of policy tools to apply pressure on the military leadership of Myanmar (also known as Burma) in response to the military coup in the country and escalating violence against peaceful protestors. These moves have continued to follow a step-by-step approach, with important export control and sanctions additions thus far in March 2021. New Export Controls On March 4, 2021, the U.S. Commerce De...
March 13, 2021
5G will be a key driver in the smartphone industry moving forward, and right now, things appear more gloomy than ever before for HUAWEI.
March 13, 2021
To print this article, all you need is to be registered or login on Mondaq.com. On February 1, 2021, the Myanmar military overthrew the countrys democratically elected government and installed an army general as head of state, with a cadre of military officials and their allies running the government. On February 10, 2021, in response to the Myanmar military coup, President Biden issued Executive Order 14014 entitled, "Blocking Property With Respect to the Situation in B...