On Thursday, 23 June, the AmCham EU Security, Defence and Space Committee and the Bureau of Industry and Security (BIS) at the US Department of Commerce co-hosted a webinar on US export controls. The discussion focussed on the role of the BIS in formulating US export controls policy, the US sanctions regime currently in place on Russia and Belarus as well as the cooperation that has taken place between the EU and US on export controls.
EU-US cooperation on export controls: a joint approach
On Thursday, 23 June, the AmCham EU Security, Defence and Space Committee and the Bureau of Industry and Security (BIS) at the US Department of Commerce co-hosted a webinar on US export controls. The discussion focussed on the role of the BIS in formulating US export controls policy, the US sanctions regime currently in place on Russia and Belarus as well as the cooperation that has taken place between the EU and US on export controls.
The webinar was presented by Eileen Albanese, Director of the Office of National Security and Technology Transfer Controls BIS; Matthew Borman, Deputy Assistant Secretary of Commerce for Export Administration, BIS; and Mike Lally, Minister Counselor for Commercial Affairs in Europe, US Mission.
Taking place primarily through the connections and dialogues previously established by the Trade and Technology Council in September 2021, unprecedented level of cooperation in this area between the EU and US is a prime example of the importance of close transatlantic relationships. In addition, the speed at which these export controls were agreed upon by the transatlantic partners and implemented sends a strong message regarding the strength of the EU-US bond and the value of cooperating with like-minded countries.
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