OFAC Updates Sanctions List

Archive of News Archives - North American Export Grain Association

OFAC Updates Sanctions List

on August 20th, 2018 in News by | No Comments

The U.S. Treasury’s Office of Foreign Asset Control (OFAC) recently updated its Specially Designated Nationals (SDN) list. The SDN list is a list of individuals and companies owned, controlled by, or acting for or on behalf of targeted countries. Also included on the list are non-country-specific individuals, groups and entities…

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Arvid Hawk retires

on August 20th, 2018 in News by | No Comments

Senior Advisor Arvid Hawk announced his retirement from NAEGA earlier this month, marking the end of a long and distinguished career in the industry. Arvid Hawk began his career with Cargill, Inc. as a Research Engineer. In this capacity, he conducted research in grain drying, aeration, dust control, grain dust…

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Biotech Safety Certificates – Web Portal changes hands

on August 10th, 2018 in News by | No Comments

Last week, Bayer announced that it will be transitioning its Trade Certificate Web Portal (TCWP) to BASF as part of the ongoing merger. Currently the only Safety Certificates available are for the People’s Republic of China. Users should expect the TCWP transition to be completed by August 1, 2018. At…

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TWIC Reader Implementation Delayed

on August 10th, 2018 in News by | No Comments

On August 2, President Trump signed the Transportation Worker Identification Credential (TWIC) Accountability Act of 2018 into law. The TWIC Accountability Act prohibits the Coast Guard from implementing the TWIC “reader rule”, which would require high-risk ports to install biometric readers for employees with Transportation Worker Identification Credentials. Currently, the…

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New China Tariffs

on August 10th, 2018 in News by | No Comments

On Tuesday August 6, the U.S. Trade Representative announced a finalized list of $16 billion worth of Chinese products that will be affected by the latest set of 25 percent tariffs, beginning August 23. The final list of goods can be found here, and includes a range of chemical and…

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OFAC Delays Sanctions for RUSAL, Others

on August 2nd, 2018 in News by | No Comments

On Tuesday, July 31 the Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended a general license for investors in three companies linked to Russian billionaire Oleg Deripaska. In its announcement, OFAC extended its general license for activities for EN+ Group PLC, GAZ Group and United Company RUSAL…

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Trump Administration Increase Potential China Tariffs

on August 2nd, 2018 in News by | No Comments

On Wednesday, August 1 the U.S. Trade Representative announced an increase in the proposed tariff rate against Chinese goods related to its investigation into China’s intellectual property practices. Originally, the USTR had announced proposed tariffs of 10 percent on $200 billion in Chinese goods through a notice and comment process…

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European Court of Justice rules on Gene Editing

on July 26th, 2018 in News by | No Comments

On July 25, the European Court of Justice (ECJ) ruled that crops produced using the gene editing technique mutagenesis should be subject to laws restricting the use of genetically modified organisms (GMOs). The ruling stated that organisms obtained by new mutagenesis techniques are GMOs within the meaning of the current…

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USDA plans to mitigate new tariffs

on July 26th, 2018 in News by | No Comments

On Tuesday, U.S. Secretary of Agriculture Sonny Perdue announced $12 billion in aid to farmers that are being harmed by retaliatory tariffs in response to U.S. actions as part of its Section 232 and 301 investigations. USDA aid will be dispersed through three programs: The Market Facilitation Program The Food…

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U.S. launches five disputes at WTO over retaliatory tariffs

on July 18th, 2018 in News by | No Comments

On Monday, July 16 the U.S. Trade Representative (USTR) launched five separate disputes at the World Trade Organization against Canada, China, the European Union, Mexico and Turkey to challenge the retaliatory tariffs each country imposed on U.S. exports in response to President Trump’s recent actions regarding aluminum and steel.  …

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