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On March 6, 2024, the U.S. Departments of the Treasury, Commerce, and Justice jointly issued a Tri-Seal Compliance Note titled "Obligations of Foreign-Based Persons to Comply ...
Two Russian nationals have pleaded guilty to charges related to illegally sending controlled aviation technology to Russia. Oleg Sergeyevhich Patsulya and Vasilii Sergeyevich Besedin admitted to conspiring to violate the Export Control Reform Act by unlawfully exporting aircraft technology to Russian end users, as reported in court documents.Attorney General Merrick B. Garland expressed the seriousness of the situation, stating, “These defendants smuggled sensitive aircraft technology into Russia following its unprovoked invasion of Ukraine and did so in violation of laws...
The cabinet has approved the draft of the new law titled 'Import and Export Control Act 2024'. The government will have the authority to regulate or prohibit import or export...
Amidst the prevailing winds of trade protectionism and escalating international sanctions, German investment in Vietnam is a testament to German investors' trust in the potential of the Southeast Asian country.