The US Department of Commerce’s Bureau of Industry and Security (“BIS”) has issued a final rule amending Section 742.4(b)(7) of the Export Administration Regulations (“EAR”) and which revises the license review policy for items controlled for national security reasons (“NS items”) destined for the People’s Republic of China, Venezuela and Russia.
BIS will from now on review all NS item applications involving those countries to determine the risk of diversion to a “military end user” or for a...
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