Bureau of Industry and Security

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Yesterday, the Commerce Department’s Bureau of Industry and Security (BIS) issued a final rule restricting the export of critical oil refining equipment to Russia and tightening license requirements for exports to the Russian oil and gas industry.

The final rule makes two key changes to current sanctions on the Russian energy sector.  First, the rule…

Today, the U.S. Bureau of Industry and Security (BIS) imposed additional export control restrictions on Myanmar (Burma) in response to the recent military coup in that country.  BIS previewed the new restrictions in an announcement last month when the U.S. imposed sanctions on the country’s military leadership.  Today’s changes include the following:

  1. BIS added the

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