On June 11, the European Union published new regulations on the regime for export controls of dual-use goods, marking the first major reform to the structure of the EU’s export control regime since 2009.
Dual-use goods are products that could have both civil and military use purposes, and the designation covers a wide range of items, from the obvious, such as certain types of drones, to the seemingly innocuous, such as ball bearings and sensors.
The recast regulation, which is the result of years of negotiation, will enter into force on September 9.
While the purpose of this reform – initially proposed by the European Commission in 2016 – is to modernise the EU’s dual-use goods regulations to take into account new technological developments, Jasper Helder and Chiara Klaui, international trade partners in the London office of international law firm Akin Gump, tell that the rule changes are a “missed opportunity”, and will result in greater uncertainty for exporters.
Courtesy – GTR Analysis: New EU dual-use goods regulations present headache for exporters | Global Trade Review (GTR) (gtreview.com)