Today I reviewed the following
- PowerPoint deck on export controls. This gave an overview of how export controls work in the United States.
- A Link to the Department of Commerce guidance on Exporting: LINK
- A letter from the Department of Commerce on updates it is making to exports to China.
- Summary- What I went over today gave me valuable insight to many different areas of compliance. I learned that export Controls in the United States are implemented by the Department of Commerce‘s Bureau of Industry and Security (BIS) and the Department of State‘s Directorate of Defense Trade Controls (DDTC). These two agencies are responsible for regulating the export and re–export of commercial goods and technology, as well as the import, transfer, and retransfer of defense articles and services. The Export Administration Regulations (EAR) administered by BIS regulates the export of commercial goods and technology, as well as dual–use technology that can have both commercial and military applications. The EAR requires exporters to obtain licenses for exports, reexports, and transfers to certain countries, persons, and entities, depending on the type of goods, services, and technologies being exported. The International Traffic in Arms Regulations (ITAR) administered by DDTC regulates the export and import of defense articles and services. ITAR requires that defense articles and services be registered with DDTC and that a license or other approval be obtained prior to export or import. Export controls in the United States are designed to protect national security and foreign policy interests by preventing the transfer of sensitive goods, technology, and services to foreign countries, persons, or entities. It is important for exporters to be aware of the regulations and obtain the necessary licenses to ensure that they are in compliance with the regulations.