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New export control regulation now effective, trade in “dual-use” items

The European Commission (EC) announced that the new European Union (EU) export control regulation concerning trade in “dual-use” items—civilian goods and technologies with possible military or security use—is effective today.

According to an EC release, the new framework:

  • Allows the EU to take a number of important actions to pool expertise and tackle particular challenges (notably in relation to cyber-surveillance, but also emerging dual-use technologies such as advanced computing)
  • Introduces greater transparency by increasing the level of consultations and reporting between EU Member States and the EC, contributing to the development of a new EU electronic licensing platform already piloted in four EU Member States
  • Provides a legal basis for EU action at multilateral, plurilateral and bilateral levels
  • Builds on the existing multilateral framework of export controls, namely the Wassenaar Arrangement, which forms the basis for many restrictions imposed by the regulation at EU level

Source KPMG

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