WELCOME TO THE FALL 2024 ISSUE of Artemis Research Updates. This past quarter has seen several unexpected world events affecting risk and compliance in global trade. A nation-state actor’s use of the global supply chain for explosives attacks has caused widespread concern about security within the global logistics industry. Hurricane Helene’s destruction of a North Carolina town will likely rock the semiconductor industry by causing a scramble for new suppliers of high-purity quartz. The U.S. Department of Commerce struck back at Russian chemical use in Ukraine through new restrictions on chemical precursors, and listed a raft of new entities for support to Russia’s war in Ukraine. Additionally, new export restrictions in the Netherlands now protect the world’s most critical chip manufacturing technology. Finally, the BIOSECURE Act, introduced in January 2024 and currently working its way through Congress, will expand the scope of prohibited interactions with foreign biotechnology entities, requiring that biotechnology companies cease such interactions if they wish to retain eligibility for U.S. Government contracts and funding.

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