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Dual-Use Goods Compliance: Key Insights

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Understanding Dual-Use Goods Dual-use goods are items with both military and civilian applications. These goods play a significant role in global trade, accounting for 2.5% of EU exports worth €147 billion. Compliance is critical to avoid fines, shipment denials, or other penalties.

Quick Facts Table

Table 1
Aspect
Details
1
Examples
Drones, encryption software, advanced electronics
2
Control Lists
Each country maintains specific lists of restricted goods. "Catch-all" rules apply to unlisted but sensitive items.
3
Licensing Requirements
Export licenses require details like item specs, end-use, end-user info, and transaction data.
4
Non-Compliance Risks
Penalties include fines, goods seizure, and export license denial.
5
Record-Keeping
Regulations require detailed transaction records. Automated tools can simplify this process.
There are no rows in this table
Simplify Compliance with Automation Automated tools can assist with HS code identification, compliance tracking, and documentation, reducing risks and saving time. 📌 Explore the full here.

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