Category: export ban

US Chip Ban on China Requires Strict Enforcement to Thwart Circumvention by Beijing: Experts

December 29, 2022
Chinachipsexport banexport controlmilitaryPolicies & ImpactssemiconductorstechnologyUSUS-China relations
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While many have credited the Biden administration’s extensive export bans on semiconductor technology to China as dealing a huge blow to the Chinese regime’s economic and military ambitions, the success of the measures ultimately depends on enforcement, according to experts. The Department of Commerce in October imposed extensive export controls aimed at restricting the Chinese…

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US Refiners Urge Biden Not to Impose Gasoline Export Ban but Instead Focus on Boosting Domestic Energy Production

October 5, 2022
Business & Marketsdomestic productionenergyexport banGasinflationMarketsPolicies & ImpactsrefinersUSUS News
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U.S. refiners requested the Department of Energy to reconsider a potential natural gas export ban. They explained the intricacies of the natural gas-supply chain and the adverse effects on prices and jobs, as well as the geopolitical implications the country could be forced to endure in such a scenario. “Banning or limiting the export of…

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Russia Loses 79 Aircraft to Western Lessors, US Bans Spare Part Exports to 3 Russian Airlines

April 8, 2022
aircraftBusiness & EconomyeconomyEuropeexport banInternationalMarketsRussia-Ukraine Warsanctions on RussiaWorld
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Western aircraft lessors have taken back only a limited number of planes from Russia following international sanctions that set a March 28 deadline for such repossessions. Of the 515 aircraft owned or managed by Western lessors that were placed with Russian carriers before its invasion of neighboring Ukraine, only 79 have been repossessed, according to…

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Global Commodity Supply Chain Highly Volatile in 2022

January 29, 2022
Business & Economyeconomyexport banexport restrictionsInternationalMarketssupply chainWorld
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Food and energy importers are being hit with export bans and restrictions in a number of countries at the start of 2022: Argentina’s two-year ban on beef, Indonesia’s ban on coal, Mali’s ban on grain and related products, and Russia and Ukraine’s continued wheat export caps. In an effort to curb rising prices in the…

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Ottawa Announces $28 Million to Help PEI Potato Growers Cope With Export Ban

December 21, 2021
banBusiness & EconomyCanadaeconomyexportexport banFarmersFederal GovernmentMarketsOttawaPEIpotatoPrince Edward IslandWorld
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CHARLOTTETOWN—The federal government will spend $28 million to help Prince Edward Island farmers deal with a growing surplus of potatoes as an almost month-long export ban to the United States continues. Agriculture Minister Marie-Claude Bibeau told a news conference on Monday the funding will be used to create more potato processing capacity in Canada and…

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