BIS And DDTC Amendments Add Nicaragua To EAR Country Group D And ITAR ' 126.1
Published date | 03 April 2024 |
Subject Matter | Government, Public Sector, International Law, Terrorism, Homeland Security & Defence, International Trade & Investment |
Law Firm | Crowell & Moring LLP |
Author | Jana del-Cerro and Dilan Wickrema |
On March 15, 2024, the Bureau of Industry and Security (BIS) and the Directorate of Defense Trade Controls (DDTC) amended the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR) to implement new restrictions on trade with Nicaragua.
BIS's amendments moved Nicaragua from Country Group B to Country Group D, applying a stringent licensing policy for items controlled for national security reasons, and making exports, reexports, and in-country retransfers to/within the country subject to 'military end use' and 'military end user' restrictions.
DDTC's amendments added Nicaragua to ITAR ' 126.1(p) and applies a policy of denial for licenses or other approvals for exports, imports, and brokering of defense articles or defense services. This new...
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