On December 2, 2024, the U.S. Commerce Department, Bureau of Industry and Security (“BIS”) issued an interim final rule,Foreign-Produced Direct Product Rule Additions, and Refinements to Controls for Advanced Computing and Semiconductor Manufactu...
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Recently, the US, Japan, and the Netherlands reached an agreement to expand export control measures for chips to China. The US Department of Commerce included six Chinese entities in its Entity List. “These practices have seriously trampled on market rules and the international economic and trade...
Also at the discussion, Stefan Selig, former under-secretary of commerce for international trade, said Raimondo's visit is about building relationships that don't currently exist. The investment banker said success came from building those relationships that were fundamentally underpinned by trust and ...
the U.S. announcement of new curbs, China’s Ministry of Commerce (MOFCOM) announced it made a decision to tighten the control over the export of relevant dual-use items to the United States, to safeguard national security and interests and fulfill non-proliferation and other international ...
BEIJING, Jan. 16 (Xinhua) -- The China Association of Automobile Manufacturers (CAAM) announced on Thursday that it firmly opposes the measures taken by the Biden administration to prohibit the sale or import of connected vehicles linked to China.On Jan. 14, the U.S. Department of Commerce'...
According to the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the proposed rule focuses on hardware and software integrated into the Vehicle Connectivity System (VCS) and software integrated into the Automated Driving System (ADS). These are the critical systems that, ...
On Friday, the US Commerce Department announced a sweeping set of more aggressive export controls aimed at limiting Chinese access to the most advanced chips and the tools needed to develop its own. Under the new rules, toolmakers will have to stop shipping equipment to wholly Chinese-owned fac...
The rule from the US Commerce Department comes as it works to tighten exports on sensitive technology to potential rivals, including China. It took effect on Monday. Restricting or otherwise interfering with regular international cooperation will not only harm the interests of businesses, including US...
“International Trade Finance Bank of the Year” in Bangladesh at the ABF Wholesale Banking Awards in 2022. “Best Service Provider – Cash Management, Bangladesh” at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Award in 2018, 2019, 2021, and 2022. “Best Service Pro...