Asian export controls in Global Export Controls and Sanctions
- Select a blog category
Our Global Export Controls and Sanctions team at Deloitte aligns all of its efforts around providing trusted services to our clients and partners while also making the world a safer place.
On 14 June 2017, Singapore Customs released a circular announcing the introduction of new end-user statement (EUS) formats for Strategic Trade Scheme (STS) bulk permits and individual permits, respectively. The new format is effective immediately for bulk permits, and from 1 July 2017 for individual permits.
Earlier this year, the US Government took the unusual step of publicly announcing the content of its 2016 Wassenaar Arrangement (“WA”) Cyber Security Export Controls Proposal, which calls for modifications to controls adopted by the WA in December 2013, and called on industry to lobby their local regulatory authorities to support the US Proposal.
As companies from various sectors grow their presence in Asia, they are increasingly faced with a diverse range of export compliance challenges. In contrast to the EU, which has established a regional export controls regime for dual-use items, countries in Asia each implement unique regulations to control the movement of military and dual-use items.