Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to formally recognize and implement India’s membership in the Wassenaar Arrangement (Wassenaar or WA). Further, BIS provide preferential treatment in license exception Strategic Trade Authorization.  This action befits India’s status as a Major Defense Partner and recognizes the country’s membership in three of the four export control regimes: Missile Technology Control Regime (MTCR), WA and Australia Group (AG).. (83 FR 38018)

On August 3, 2018   /   Business, International