Trade Matters - November 2021 | Lowenstein Sandler LLP
1. New Cybersecurity Export Controls From BIS Go Into Effect in January - The Bureau of Industry and Security (BIS) has released an interim final rule establishing new...
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1. New Cybersecurity Export Controls From BIS Go Into Effect in January - The Bureau of Industry and Security (BIS) has released an interim final rule establishing new...
Even as the commercial space sector grows quickly in the United States as well as in Europe, China, Japan, India and other countries, Russia continues to lack a robust approach to advancing in this area. The Russian government has for years been declaring an interest in developing space startups (NTI News, July 30, 2019; Roscosmos, January 9, 2021). The main …
On September 28, the U.S. Commerce Department, Bureau of Industry and Security (BIS) announced that it has imposed a civil penalty fine and denial of export privileges against Vorago...
International Trio Indicted in Austin for Illegal Exports to Russia Published: 26 December 2020 26 December 2020 Austin, Texas - A four–count federal grand jury indictment returned in Austin and unsealed charges three foreign nationals – a Russian citizen and two Bulgarian citizens – with violating the International Emergency Economic Powers Act (IEEPA), Export Control Reform Act (ECRA), and a money laundering statute in a scheme to procure sensitive radiation-hardened circuits from the U.S. and ship those components to Russia through Bulgaria without required licenses. “Time and...
criminal charges in the United States for illegal export of strategic technologies to Russia, the US Justice Department reported. The names of the Bulgarians are Dimitar Dimitrov, Milan Dimitrov and Mariana Gargova, and the Russian is Ilias Sabirov, TASS reported. Earlier, the U.S. Department of Commerce published a blacklist of individuals and entities that threaten the national interests and security of the United States. Russian companies Cosmos Complect and Sovtest Comp, as well as Ilias Sabirov, are on the list. According to the indictment filed in court in Austin, Texas, on December 18...