The Role of EU Courts in Shaping Sanctions Compliance Standards

Description:

This webinar discusses the aftermath of US export controls on Advanced Computing and Semiconductor Manufacturing Items to the People’s Republic of China (China) imposed by the US. Department of Commerce’s Bureau of Industry and Security (BIS) on October 7, 2022.

As recently as October 17, 2023, BIS updated last year’s measures in an attempt to close several loopholes that weakened the efficiency of these measures. The US government’s implementation of semiconductor-related export controls targeting China is a landmark in the relationship between the two countries. The unilateral imposition of these controls has not only led to increased tensions between the two super powers, but also had a far-reaching geopolitical impact when Japan and the Netherlands, global leaders in the semiconductor industry, presented similar national export measures following the US export controls.

Although these national controls do not mention China specifically, de facto, they have the same result: controlling the export of semiconductor goods and technologies to China.

These controls mark a new era in the use of export controls in global technology trade as an instrument to protect national security and foreign policy interests against the background of ever-growing geopolitical tensions in the continuing race for technological superiority over competing countries, such as China.

Certificate of Attendance:

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