Conducting business on a global scale requires a strategy that is dynamic and capable of managing risk and the diverse challenges of international trade. The US “Deemed Export” rules require companies and their foreign licenses, to perform significant due diligence regarding the nationality of employees working with products and/or on programs requiring a license from BIS or the DDTC. In addition to administrative burdens and barriers to trade, the rule required fundamentally different treatment of dual nationals of two foreign countries as compared to dual nationals of the U.S. and another country. Understanding how to manage these restrictions requires strong best practices.
This webinar explores the challenges facing multinational corporations when establishing best practices for managing “Deemed Exports”. This session will provide your organization with a regulatory overview of US “Deemed Exports” regulations and will provide guidance on establishing best practices for managing these controls. This session will focus primarily on the Department of Commerce, Bureau of Industry & Security Export Administration Control Regulations (EAR) and the International Traffic in Arms Regulations (ITAR).