Dr. Wald summarized the two sets of sanctions. One set went into effect in August 2018 and the second went into effect in November 2018. Of particular note are sanctions on investment in Iranian oil and gas fields, shipping, insurance, tankers, sales of over $1 million worth of gasoline to Iran and any equipment which would help Iran make or export gasoline.
The Atlantic Council’s Cyber Statecraft Initiative hosted a public panel on November 14, 2018, to discuss the human element of cybersecurity. The panel, underwritten by Raytheon, was comprised of Mr. Sean Berg, Senior Vice President and General Manager of Global Governments and Critical Infrastructure at Forcepoint; Ms. Amy Chang, Senior Threat Intelligence Analyst for Cybersecurity Operations at JPMorgan Chase; Dr. Andrea Little Limbago, Chief Social Scientist at Virtru; and Mr. Eric Welling, Deputy Assistant Director, Cyber Division at the Federal Bureau of Investigation. Atlantic Council Board Director Gen. James E. Cartwright USMC (Ret.) delivered opening remarks, and nonresident senior fellow at the Cyber Statecraft Initiative, Mr. Pete Cooper, moderated the discussion.
Africa Center Director of Programs and Studies and Deputy Director Bronwyn Bruton introduced Hruby’s paper and welcomed participants.
In her introductory remarks, Hruby stressed that The Better Utilization of Investments Leading to Development (BUILD) Act is a once in a generation opportunity to reassert US competitiveness in emerging markets. In Africa, the new USDFC will be critical to countering China’s growing economic clout and could help solve a growing employment crisis, while also supporting US businesses investing on the continent. Hruby shared the recommendations from her publication, focusing on the new USDFC’s ability to operate in the informal sector, invest in industries that complement US competitiveness, and foster innovation in development finance.