SECOND QUARTER 2021
• In the face of court challenges, Biden Administration drops sanctions
against Chinese electronics firm, but revamps Trump-era sanctions
on other public companies with alleged PRC military ties.
• JCPOA future remains unclear despite signs of progress in Vienna
talks.
• OFAC issues Burma Sanctions Regulations, targets state-owned
enterprises in Myanmar's gemstone and timber industries.
• Defying years of Congressional efforts, Biden Administration
effectively drops US opposition to completion of Nord Stream 2
pipeline.
• In settlement with German tech giant, DOJ announces first non-
prosecution agreement pursuant to new "Export Controls and
Sanctions Enforcement Policy."