On November 30, the United States sanctioned China National Electronics Import and Export Corporation (CEIEC) by adding the Chinese technology company to the Specially Designated National (SDN) List. Treasury’s Office of Foreign Assets Control (OFAC) designated the company under Executive Order 13692 for providing goods and services to the Venezuelan government that were used to
Kaitlyn Cunningham
BIS: Exporters May Request 6 Month Extension for Export Licenses Nearing Expiration
By Robert Slack & Kaitlyn Cunningham on
Posted in Export Controls and Sanctions
On October 16, 2020, the Bureau of Industry and Security (BIS) announced that exporters may request a six-month extension for export licenses set to expire on or before December 31, 2020.
BIS indicates that most requests for extensions will be reviewed and approved on an expedited basis within two to three business days, depending on…