On November 7, 2014, the Bureau of Industry and Security (BIS) published in the Federal Register a final rule [Docket No. 141029906–4906–01] amending the Export Administration Regulations (EAR), in response to the Venezuelan military’s violent repression of the Venezuelan people, to impose license requirements on the export, reexport, or transfer (in-country) of certain items to or within Venezuela when intended for a military end use or end user. This change complements an existing U.S. arms embargo against Venezuela for its failure to cooperate in areas of counterterrorism. The rule is effective November 7, 2014. This article was first published on http://www.internationaltradecomplianceupdate.com/.
