In global trade, managing dual-use goods—items with both civilian and military applications—can feel like solving a complex puzzle. But understanding compliance is vital to keep your business running smoothly.
Why It Matters?
Dual-use goods account for 2.5% of EU exports, valued at a massive €147 billion annually. Missteps in compliance could mean denied shipments, heavy fines, or worse.
Key Challenges in Compliance
Control Lists: Countries maintain specific lists of regulated items, such as encryption software, drones, and advanced electronics.
“Catch-All” Rules: Some items not explicitly listed might still require a license.
Export Licensing: You’ll need detailed documentation for approval, covering item specifics, end-users, and transaction details.
Non-Compliance Risks: Penalties include seized goods, license rejection, and hefty fines.
Simplify Your Compliance
Managing dual-use goods compliance doesn't have to be overwhelming. From keeping up with changing regulations to ensuring error-free documentation, automated tools can streamline your processes.
👉 Curious about mastering dual-use compliance? Read the full breakdown here.
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