Entries tagged “export”
A Loophole for E-commerce? De Minimis Customs Entries Are Getting a Bad Rap Despite Compliance Requirements. Let Us Explain.
insights 
Chelsea Ellis · March 20, 2024
I. Introduction The growth of e-commerce has been undeniable over the past decade, steadily increasing from $1.3 trillion in retail sales in 2013 to $5.8 trillion in 2023 – a 346% increase. This growth is not only attributed to the ubiquitous platforms, e.g., Amazon’s and Alibaba’s of the world, but also to the emergence of…
The U.S. Government Publishes An Updated List of Critical and Emerging Technologies (CETs): Impact on CFIUS and Export Controls?
insights March 5, 2024
In February 2024, the U.S. National Science and Technology Council (“NSTC”) and its Fast Track Action Subcommittee on Critical Emerging Technologies updated the previous 2022 Critical and Emerging Technologies (CETs) List. The first update in two years is instructive in identifying the CETs that the U.S. Government is focused on for national security concerns. The…
The U.S. Announces New Sanctions and Export Controls on Russia Following Alexei Navalny’s Death and on the Second Anniversary of the Russia-Ukraine Conflict
insights Chelsea Ellis · February 23, 2024
On February 23, 2024, the Office of Foreign Assets Control (“OFAC”), U.S. Department of the Treasury, imposed new sanctions on Russia targeting nearly 300 individuals and entities on the SDN list (now totaling over 2,000) and the Bureau of Industry and Security, U.S. Department of Commerce, designated additional 93 entities to the Entity List (which…