KPMG: SMART PRACTICE The genesis of today’s export controls is rooted in the Cold War when allied countries wanted to limit the export of certain “dual-use” items. However, the demise of the Cold War introduced a new, and long, period where industry argued for de-control with the notion that export controls were too restrictive. Governments began lifting regulations and easing export-control requirements. Both industry and government became accustomed to a permissive, export-forward environment....
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