On July 23, the White House unveiled its much-anticipated AI Action Plan, followed the same day by an Executive Order on âPromoting The Export of the American AI Technology Stack.â Following our earlier post considering the Action Plan from a multi-practice standpoint (US AI Vision in Action: What Businesses Need to Know About the White House AI Action Plan – Connect On Tech), this update focuses on the key export control provisions in the Action…
Geopolitical and geoeconomic tensions between China and the US remain high. This session explored the use of export control and other national security measures by competing regimes, drawing on perspectives from the US, China, the EU, the UK, Japan, and Taiwan. The session began with an overview of US national security policies towards China and recent efforts to regulate the flow of capital and data. This was followed by insights from China on retaliatory measures,…
On May 13, 2025, the US Department of Commerceâs Bureau of Industry and Security (âBISâ) initiated a rescission of the Biden Administrationâs AI Diffusion Rule, which was issued on January 15, 2025 and had been set to take effect on May 15, 2025. The AI Diffusion Rule had introduced additional expansive and complex export controls on certain advanced computing integrated circuits (âICâ) and on model weights for certain advanced closed-weight artificial intelligence (âAIâ) models. Our…
On Friday, May 16, 2025, the US Treasury Departmentâs Office of Foreign Assets Control (âOFACâ) and Switzerlandâs State Secretariat for Economic Affairs (âSECOâ) issued a joint Memorandum of Understanding (âMOUâ) in regard to the United States and Switzerlandâs commitment to collaborate and share information related to sanctions and enforcement which was signed on May 9, 2025. The notice is published on OFACâs website here. The MOU provides that information sharing between the United States and…