InterConnect Newsletter - Winter 2020/2021 | Benesch
The international forwarding community was not immune from headlines, advisories, and rulemaking dealing with U.S. export controls and economic sanctions in 2020 despite never-ending...
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The international forwarding community was not immune from headlines, advisories, and rulemaking dealing with U.S. export controls and economic sanctions in 2020 despite never-ending...
To embed, copy and paste the code into your website or blog: On December 23, 2020, the US Department of Commerce's Bureau of Industry and Security ("BIS") issued a final rule creating a "Military End User List" ("MEU List") under the Export Administration Regulations ("EAR"). The final rule also adopted the "first tranche" of entities added to the MEU List, identifying more than 100 Chinese and Russian entities as "Military End Users" ("MEUs"). 1 A BIS license is required for certain exports, reexports, and transfers when a party has knowledge that an MEU is a party to the transaction (e.g., ...