The US Commerce Department’s Bureau of Industry and Security (“BIS”) announced that it is issuing a new License Exception MED that in many cases will eliminate BIS licensing requirements for EAR99 medical devices shipped to and within Russia, Belarus, Crimea, Donetsk People’s Republic (“DNR”), and Luhansk People’s Republic (“LNR”). License Exception MED will go into effect on Monday, April 29. License Exception MED will authorize the export, reexport, and in-country transfer of EAR99 medical devices…
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US President Signs National Security Package with Provisions Doubling the Statute of Limitations for Sanctions Violations, Authorizing the Seizure of Russian Assets, Prohibiting TikTok Unless Chinese Parent Divests, Targeting Russia and Iran with Additional Sanctions, and More
by Kerry B. Contini, Alexandre (Alex) Lamy, Sylwia A. Lis, Rod Hunter, Alison J. Stafford Powell and Bruce J. Linskens
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