With the implementation of the Uyghur Forced Labor Prevention Act, importers of whole or component products from China should begin auditing their supply chains, purchase agreements, and all stages of production. Beginning June 21, 2022, imports of all goods mined, produced, or manufactured wholly or in part in the Xinjiang Uyghur Autonomous Region (Xinjiang) of…
CMIC Sanctions Foundations Amid political and trade tensions between the United States and the People’s Republic of China (“China”), President Trump issued Executive Order (“EO”) 13959 on November 12, 2020, to address the national emergency posed by the exploitation of United States capital to resource and enable the development and modernization of China’s military, intelligence,…
Ankura Consulting Group LLC 11 July 2022 Ankura Consulting Group LLC To print this article, all you need is to be registered or login on Mondaq.com. Matthew Axelrod, the Assistant Secretary of Commerce for Export Enforcement with the Department of Commerce, recently made two important statements on how the Department will…
To print this article, all you need is to be registered or login on Mondaq.com. On June 21, 2022, the Uyghur Forced Labor Prevention Act (“UFLPA” or “Act”) went into effect. In anticipation of this, US Customs & Border Protection (“CBP”) released its operational guidance for importers on June 13, 2022. CBP also…
On June 21, 2022, US Customs and Border Protection (“CBP“) began enforcing the Uyghur Forced Labor Prevention Act (Pub. L. 117-78) (the “UFLPA“), which establishes a “rebuttable presumption” that goods produced wholly or in part in the Xinjiang Uyghur Autonomous Region (“XUAR“) in China or by certain identified entities are made with forced labor, and…
Companies in a variety of industries are preparing for enforcement of the Uyghur Forced Labor Prevention Actone(“UFLPA”), which went into effect on June 21, 2022. Those working in UFLPA high-risk industries have expressed justifiable concern about enforcement, conducting diligence on opaque and complex supply chains, and the volume of evidence required to prove forced labor…
When most people think of exports, they imagine the movement of merchandise across international borders. However, an export can happen without having to leave the United States, such as in your office breakroom, by storing unencrypted information in the cloud, or even by sharing your screen on a video call. A “deemed” export occurs when…
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The United States is finally beginning to re-engage with its trading partners on the Pacific Rim after the disastrous withdrawal from the Trans-Pacific Partnership free trade agreement in 2016. On May 23, 2022, President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners: Australia, Brunei, India, Indonesia, Japan, Republic of…
US Customs and Border Protection (“CBP”) released its first set of guidance relating to the Uyghur Forced Labor Prevention Act (“UFLPA”), which is set to take effect on June 21, 2022. CBP’s guidance takes the form of a website that is a homepage for UFLPA-related guidance, FAQs, webinars, graphics, and CBP contact information. This essential…
To print this article, all you need is to be registered or login on Mondaq.com. El 7 de junio de 2022 se publicó en el Diario Oficial de la Federación por la Secretaría de Economía (SE) el “DECRETO por el que se exide la Ley de los Impuestos Generales de Importacion y de Exportacion”mismo que…
