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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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The Commercial Space Sector and Russia's Space Strategy

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 … ....

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U.S. Technology Company Pays for Unauthorized Exports to Russia | Bass, Berry & Sims PLC

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. ....

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International Trio Indicted in Austin for Illegal Exports to Russia

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 again, we find the Russians attempting to get access to sensitive American technology. The defendants here are charged with exporting radiation-hardened chips to Russia, knowing that it was illegal to do so and establishing a business in Bulgaria to circumvent U.S. enforcement authorities,” said Assistant Attorney General for National Security John C. Demers. “I am gratifi ....

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A Russian and Three Bulgaria Citizens Indicted in US

A Russian and Three Bulgaria Citizens Indicted in US
europesun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europesun.com Daily Mail and Mail on Sunday newspapers.

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