Israel Passes Enhanced Export Control Law
DefenseNews.com has reported that Israel’s parliament recently passed a new export control law that will "significantly" strengthen Israel's existing export control regime. The article states that "in addition to traditional defense exports, the law covers dual-use items as well as intellectual property and other intangible, so-called deemed exports." The new law also authorizes Israel’s Ministry of Defense Export Control Division (DECD) to levy significant fines and other penalties on exporters suspected of violating provisions of the new law. Israel's new export control law is supposed to go into effect at the "end of the year".
Labels: Export Controls, Israel
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