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Export restrictions, or a restriction on exportation, are limitations on the quantity of goods exported to a specific country or countries by a Government. Export restrictions could be aimed at achieving diverse policy objectives such as environmental protection, economic welfare, social wellbeing, conversion of natural resources, and controlling inflationary pressures.
The Commerce Control List (CCL) identifies specific items and technologies subject to export licensing requirements. [7] Each item listed on the CCL is assigned an alphanumeric Export Control Classification Number (ECCN), such as 3A001, that describes it and indicates its licensing requirements. The CCL is divided into ten categories, each ...
In the United States, CoCom compliance was implemented by various statutes authorizing the President to regulate exports, including the Export Control Act of 1949, the Export Administration Act of 1969, the Export Administration Act of 1979, the Arms Export Control Act (AECA), the Trading with the Enemy Act, and the International Emergency Economic Powers Act, among others.
The move is one element of the latest round of sanctions and export controls by the United States, partners and allies in response to Russia's ongoing war in Ukraine, which began on Feb. 24, 2022.
WASHINGTON (Reuters) -The Biden administration is set to unveil new export restrictions on China as soon as next week, the U.S. Chamber of Commerce told members in a Thursday email. The new ...
Export Administration Regulations (EAR) cover exports in general. The coordinating body for EAR is the Export Enforcement Coordination Center (E2C2), [18] and the web-based licence system is SNAP-R. [19] Several of the functions of the US Bureau of Industry and Security (BIS) pertain to Export Control, including the Office for Export Enforcement.
The export restrictions announced Tuesday have been extended to chips that have fewer capabilities than those that were previously subject to the rules. They also imposed controls on additional ...
Expands the scope of the Export Administration Regulations (EAR) over certain foreign-produced advanced computing items and foreign produced items for supercomputer end uses; [1] Expands the scope of foreign-produced items subject to license requirements to twenty-eight existing entities on the Entity List that are located in the PRC; [1]