Following a raft of tightening export controls and sanctions on Burmese and Russian entities, trade compliance professionals have been reminded of key and first steps to be taken in response to the announcement of new designations.
Sanctions update
On 8 March, The Bureau of Industry and Security (“BIS”) issued a final rule on stricter export regulations for Burma/Myanmar under the Export Administration Regulations (“EAR”), concluding a month’s worth of various measures taken followi...
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