EU: New export control regulation now effective, trade in “dual-use” items
Export control regulation concerning trade in “dual-use” items—civilian goods and technologies with possible military or security use
Trade in “dual-use” items
The European Commission (EC) announced that the new European Union (EU) export control regulation concerning trade in “dual-use” items—civilian goods and technologies with possible military or security use—is effective today.
According to an EC release, the new framework:
- Allows the EU to take a number of important actions to pool expertise and tackle particular challenges (notably in relation to cyber-surveillance, but also emerging dual-use technologies such as advanced computing)
- Introduces greater transparency by increasing the level of consultations and reporting between EU Member States and the EC, contributing to the development of a new EU electronic licensing platform already piloted in four EU Member States
- Provides a legal basis for EU action at multilateral, plurilateral and bilateral levels
- Builds on the existing multilateral framework of export controls, namely the Wassenaar Arrangement, which forms the basis for many restrictions imposed by the regulation at EU level
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby |
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