The Bureau of Industry and Security (BIS) recently published proposed changes to US export law in the Federal Register and asked for public comment. The changes primarily deal with the fact that the US has two lists for items that require export control and licensing: the US Munitions List (USML) administered by the State Department, and the Commerce Control List (CCL) maintained by the Commerce Department.
The current export control statute, written in 1979, reflects its Cold War heritage and hasn’t adapted to the rapid pace of technological change since then. Many items on the USML that were once considered high risk to national security are now widely available or low risk.
A key aspect of the proposed reform legislation would remove those items from the USML and move them to the CCL where exemptions to licensing are more flexible. This would allow the government to focus its limited resources on controlling transactions that need the highest level of scrutiny.
The details of the reform are available here. Of course, Management Dynamics will continue to monitor the changes proposed to the export control rules and numbering system. Once enacted, our classification and license determination products will accurately reflect the changes. For now, we support the efforts of our legislators to update and streamline the export control lists so they are more in line with today’s technologies.
Tomorrow, July 12 at 2pm EDT, Praxair and Management Dynamics will host a complimentary webinar, “Trade Wizards: Your Solution to the WCO HS Changes (and More!)”
Global trade experts will discuss the WCO 2012 HS changes, show you how to prepare, and demonstrate how Trade Wizards, a web-based research tool-set, can help answer your complex trade questions instantly.
Don’t miss this important event! Attendees will receive an in-depth Delta report that lists the old vs. new codes by HS to help you update your classifications. They will also get answers to frequently asked questions and hear a major product announcement from Management Dynamics!
Speakers will include:
• Jennifer White, Manager, Trade & Government Contract Compliance, Praxair
• Anthony Hardenburgh, VP of Global Trade Content, Management Dynamics
• Andy Simmons, Solutions Consultant, Management Dynamics
Register for the webinar today!