BIS Considering Clarifying, Revising Availability of License Exception STA
The Bureau of Industry and Security is again considering a rule that would make changes to its Strategic Trade Authorization license exception. The proposed rule, which was sent for interagency review June 13, would clarify the availability and expand restrictions…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
on the availability of license exception STA under the Export Administration Regulations. BIS sent the rule for review last year but eventually withdrew it to conduct “further informal interagency consultation” (see 2011130008). STA authorizes certain exports, reexports and transfers of software source code and technology to foreign nationals in lieu of a license that would normally be required.