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Mexico wants to reduce its dependence on imports from China and is asking some of the world’s biggest manufacturers and tech firms operating in the country to identify Chinese products and parts that could be made locally.
The country’s deputy trade minister, Luis Rosendo Gutiérrez, told the Wall Street Journal that Mexico wants U.S. carmakers and semiconductor manufacturers as well as global giants in the aerospace and electronics sectors to substitute some goods and components manufactured in China, Malaysia, Vietnam and Taiwan.
Companies who think that U.S. export controls and sanctions do not apply to their products and channels of trade should reassess that position.
No matter whether the transaction is an acquisition of a U.S. business, sale of products, or the performance of services, companies and foreign investors across all industries need to assess whether exportcontrols or sanctions compliance is necessary. This means more due diligence of business partners and new procedures to ensure that products and services are not used by restricted recipients.
The EU and Canada adopted this week a Mutual Recognition Agreement (MRA) on the professional qualifications for architects, marking the EU's first such bilateral agreement.
"This MRA will streamline the recognition process, making it easier for architects to work across both jurisdictions, allowing them to explore new business opportunities and export their world-class skills," the Commission stated in the announcement.
The End-Use Certificate (DLA Form 1822) is submitted by individuals prior to releasing export-controlled personal property out of DoD control.
Export-controlled personal property are items listed on the United States Munitions Lists or Commerce Control List, and includes articles, items, technical data, technology, or software. Transfers of export- controlled personal property out of DoD control may be in tangible and intangible forms.
The Emerging Technology Technical Advisory Committee (ETTAC) will meet on October 21, 2024, and The Sensors and Instrumentation Technical Advisory Committee (Committee) will meet on Tuesday, October 29, 2024
The Securities and Exchange Commission announced that Moog Inc., a New York-based global manufacturer of motion controls systems for aerospace, defense, industrial and medical markets, agreed to pay a civil penalty of $1.1 million to resolve the SEC’s charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned Indian subsidiary, Moog Motion Controls Private Limited .
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