U.S. Commerce Department Issues New Export Control Guidance for Companies Doing Business in China, Russia and Venezuela
By EsqSocial Corporation 01/07/20
As previously discussed, on April 28, 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced significant changes to the Export Administration Regulations (EAR) to further restrict transactions with military end users and end uses in China, Russia and Venezuela. These new rules went into effect on June 29, 2020. Immediately prior to their entry into force, on June 26, 2020, the BIS published Frequently Asked Questions (FAQs) and guidance on the scope and extent of...<BR />By: <a href="https://www.jdsupra.com/profile/Faegre_Drinker/">Faegre Drinker Biddle & Reath LLP</a>