The PRC Ministry of Commerce (MOFCOM) recently issued Announcement No. 61, which, for the first time in the rare earth sector, imposed an obligation on overseas exporters to apply for an export license before exporting items under Chinese jurisdiction. The new announcement systematically applies Article 49 of the PRC Regulation on the Export Control of Dual-use Items with extraterritorial jurisdiction. Although China announced a one-year suspension of the implementation of this announcement foll...
Continue reading
SUBSCRIBED FEATURES
- Export Compliance Manager Tackles the issues and challenges that keep trade compliance professionals awake at night... with insight and with solutions.
- Export Compliance Manager Shares the know-how of experienced professionals, keeping its readers on top of developing best practice in trade compliance AND helping to deliver real commercial advantage.
- Export Compliance Manager Celebrates the valuable contribution of trade compliance professionals to their companies, communities and to international security.
