State Rule Makes ECR Validity Date Changes to Arms Agreements
U.S. exporters need to wait until all Export Control Reform changes for specific State Department-sanctioned arms trade agreements are finalized before the ECR control changes become valid within each agreement, said State’s Directorate of Defense Trade Controls in a rule…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
effective Feb. 4 (here). The “relevant final rule” is now the last ECR rule change that impacts a specific agreement, such as Manufacturing License Agreement, Technical Assistance Agreement or Warehouse and Distribution Agreement, so all ECR changes won’t be recognized until each category wraps up its ECR transition. The new DDTC rule is now part of The Guidelines for Preparing Electronic Agreements (here). The ECR overhaul is ongoing (see 1412310014).