US Senate finds Commerce Department’s efforts to enact bans and sanction “inadequate” — investigation finds agency underfunded, must rely on voluntary compliance by chipmakers
December 23, 2024

US Senate finds Commerce Department’s efforts to enact bans and sanction “inadequate” — investigation finds agency underfunded, must rely on voluntary compliance by chipmakers

The U.S. Senate Permanent Subcommittee on Investigations found that the Commerce Department’s efforts to enforce bans and sanctions imposed by the Biden administration on Russia and China were “inadequate” largely due to a lack of funding. according to a Associated Press The report stated that the Bureau Safety The U.S. Bureau of Industry and Security (BIS), which handles export controls and promotes U.S. technology, does not have the resources to effectively fulfill its mission and must rely on the companies it regulates to voluntarily comply with the restrictions.

The investigation follows several news reports about chips and other high-tech U.S. silicon chips. Found in Russian drone and missileand the country Chip imports worth approximately US$1.7 billion in 2023 Despite the sanctions.

2024-12-23 15:55:43

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