In response to the Venezuelan military’s violent repression of the Venezuelan people, the U.S. Commerce Department’s Bureau of Industry and Security (“BIS”) is issuing a final rule to impose license requirements on the export, reexport, or transfer (in-country) of certain items to or within Venezuela when intended for a “military end use” or “military end user.” The final rule amends Section 744.21 of the Export Administration Regulations (“EAR”) to add a licensing requirement for Venezuela that…
Today, the US State and Treasury Departments imposed sanctions against over 30 parties linked to Iran, including five Iranian banks, an Iranian-owned Russian bank, two airlines, two logistics companies, six vessels, and several shipping and energy companies. The designations have been made under a variety of different sanctions authorities, including sanctions targeting Iran, global terrorism and WMD proliferation. Some parties were designated for providing material support to other designated parties. These actions demonstrate the US…