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Netherlands blocks ASML exports to China in partial license revocation - Vimarsana News

Netherlands blocks ASML exports to China in partial license revocation

The Veldhoven, Netherlands-based company said shipments included certain lithography systems. "A license for the shipment of NXT:2050i and NXT:2100i lithography systems in 2023 has recently been partially revoked by the Dutch government, impacting a small number of customers in China," the company said. ASML dominates the market for lithography systems, which use lasers to help create chip circuitry.

Source: yahoo.com
Commerce Department Proposes To Ease Licensing Requirements For Strategic Trade Authorization - Export Controls & Trade & Investment Sanctions - Vimarsana News

Commerce Department Proposes To Ease Licensing Requirements For Strategic Trade Authorization - Export Controls & Trade & Investment Sanctions

On December 6, 2023, the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") published a proposed rule to amend License Exception Strategic Trade Authorization ("STA")...

Source: mondaq.com
United States - Export Controls & Trade & Investment Sanctions - U.S. Congress Extends Statute Of Limitations For The International Emergency Economic Powers Act And The Trading With The Enemy Act - Vimarsana News

United States - Export Controls & Trade & Investment Sanctions - U.S. Congress Extends Statute Of Limitations For The International Emergency Economic Powers Act And The Trading With The Enemy Act

On April 24, 2024, the U.S. Congress passed the 21st Century Peace Through Strength Act (the "Act"), a part of the Foreign Aid Package (the "Package"), which includes various provisions concerning U.S. sanctions...

Source: mondaq.com
Balance sheet 2023: Interest in energy-saving programs wanes -December 20, 2023 at 12:01 am EST - Vimarsana News

Balance sheet 2023: Interest in energy-saving programs wanes -December 20, 2023 at 12:01 am EST

The Federal Office of Economics and Export Control has registered a decline in interest in several energy-saving programs in the year that has almost come to an end. For example, 120,000 applications...

Germany Drops EV Subsidies, Tesla Willing To Cover Difference By December 31 - Vimarsana News

Germany Drops EV Subsidies, Tesla Willing To Cover Difference By December 31

The shift comes some two weeks before Germany had initially planned to end the subsidy program.