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While the Trump Administration ended with a continuing flurry of activity affecting U.S. sanctions and export controls, with several actions affecting parties in China and Hong Kong, the Biden Administration is taking a slower approach to changes regarding a range of export control and economic sanctions measures.
Changes Introduced in the Waning Days of the Trump Administration
Among the last activities of the Trump Administration affecting economic sanctions and export controls were several additional designations of parties in China and Hong Kong. Six additional Hong Kong and Chinese officials were designated as Specially Designated Nationals and Blocked Persons (“SDNs”) on 15 January 2021 pursuant to Executive Order (“EO”) 13936. In addition, the U.S. Department of Commerce added China National Offshore Oil Corporation (CNOOC) to the Entity List and Chinese company Skyrizon to the Military End-User (MEU
EU and US sanctions updates
EU-Latin American potential trade deals
The European Union (EU) also focused on unity this week, seeking to coordinate and improve its vaccination campaigns among Member States. The EU and the United Kingdom (UK) continue to work through implementation of its trade deal, with a post-Brexit financial guarantee requirement causing some concern for shippers. The UK and US reached an agreement on a combined carrier strike group, further cementing the close defense relationship. Meanwhile, the EU is exploring options to address extra-territorial sanctions, such as those imposed by the US, and their impact on EU companies.
US designates 6 Chinese, Hong Kong officials singaporestar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from singaporestar.com Daily Mail and Mail on Sunday newspapers.
Washington [US], January 16 (ANI): The United States on Friday (local time) has designated six Chinese and Hong Kong officials in connection with the National Security Law imposed in Hong Kong.
Date Time
Designating PRC and Hong Kong Officials after Widespread Pro-Democracy Arrests in Hong Kong
Today, the United States is designating six PRC and Hong Kong officials in connection with the draconian National Security Law (NSL), pursuant to Executive Order (E.O.) 13936, “The President’s Executive Order on Hong Kong Normalization.”
On January 6, Hong Kong authorities arrested more than 50 people in an appalling crackdown on pro-democracy politicians and activists who were trying to advance fair and open primary elections for Hong Kong’s Legislative Council. Thirteen former Legislative Council members, an American lawyer, and a former law professor were among those reportedly detained before being released on bail. This action by Hong Kong authorities is yet another stark example of Hong Kong’s freedoms and democratic processes being fundamentally undermined by the PRC.