Expanded scope, license exception for trade with Cuba | KPMG | GLOBAL

Expanded scope, license exception for trade with Cuba

Expanded scope, license exception for trade with Cuba

A final rule from the Bureau of Industry and Security (BIS) of the U.S. Commerce Department published in today’s edition of the Federal Register amends the Export Administration Regulations (EAR) by expanding the scope of “license exception support” with respect to Cuba to facilitate, among other objectives, trade and the exchange of information to and from Cuba.


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The final rule [PDF 238 KB] also makes “temporary sojourns” of most vessels to Cuba eligible for the license exception for aircraft and vessels. Additionally, the final rule allows for a case-by-case review policy of license applications to export and reexport to Cuba, items that are to allow for civil aviation safety and the safe operation of commercial passenger aircraft.  The final rule amends the deemed export and deemed reexport license requirements for releases of technology and source code to Cuban nationals; removes certain unintended restrictions on exports and exports; and makes technical corrections to license exception for certain agricultural products.

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