After over a year of anticipation, in January the U.S. Treasury Department released its final regulations that revise the jurisdiction and rules for the Committee on Foreign Investment in the United States’ (CFIUS), following statutory changes to CFIUS under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). Although the full impact of these
Export Controls
US Government Clamps Down on Nuclear Exports to China
By Amy Roma & Sachin Desai on
In a development that could cause every advanced reactor startup to reexamine its growth strategy, the US government (USG) yesterday afternoon issued a new framework concerning exports to China, which largely closes the export market to advanced reactor companies.
The framework document, which is available here and was described to a limited audience in a…