Tag: export restrictions

Japan’s Foreign Minister Visits China for the First Time in Three Years Amid Turbulent Relations

April 7, 2023
ChinaChina-Japan relationsexport restrictionsInternational RelationssanctionWorld
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Japan’s Foreign Minister Yoshimasa Hayashi visited China on April 1. The visit came as the Japanese government announced restrictions on the export of 23 types of semiconductor manufacturing equipment. This is also a time of significant tensions between the two countries because a Japanese employee of Astellas Pharma, a Japanese multinational pharmaceutical company in China,…

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Nvidia to Sell ‘Repackaged’ A100 Chips in China, Bypassing US Export Restrictions

November 8, 2022
Business & MarketsChinachipsCompaniesexport restrictionsnvidiaTechTech NewstechnologyUS
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Chipmaker Nvidia plans to sell alternative versions of its A100 chip in China in a bid to comply with export restrictions set by the United States, a decision some experts see as a repackaging effort. On Aug. 26, the U.S. government informed Nvidia that its data center chip A100 was added to the export control list…

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WTO Urged to Do More to Tackle Trade Barriers for Food, Agriculture

June 22, 2022
agricultureBusiness & MarketsCAFTACanadaCharleboiseconomic policiesexport restrictionsFoodinflationWorldWTO
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News Analysis Farmers are struggling with skyrocketing fuel and fertilizer costs and labour shortages while international trade restrictions have become another headwind since Russia’s invasion of Ukraine. Against this backdrop, a leading food expert says the World Trade Organization (WTO), while limited in its effectiveness, has a key role to play in ensuring free and…

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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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Honeywell Fined $13 Million For Exporting Sensitive Information to Countries Including China

May 5, 2021
BusinessChinaCompaniesexportexport restrictionsHoneywellNational SecurityUSUS News
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Honeywell was fined $13 million for allegedly exporting sensitive data to several countries including China, without obtaining proper authorization, the Department of State announced on Monday. The State Department‘s spokesperson said in a statement that it concluded a settlement with Honeywell International to resolve alleged violations of export rules when the company exported and retransferred technical information…

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