International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | Zimbabwe May Seize Foreign Firms to Counter Intern... » | Trade Enforcement Act of 2008 Introduced in Congre... » | Next COAC Meeting to be Held in Seattle on August ... » | BIS Increases Scope of Temporary Denial Order on T... » | Senate Banking Committee Passes Iran Sanctions Leg... » | Taiwan May Relax Restrictions on Chipmakers’ Inves... » | Non-U.S. Trade Controls: The Unfamiliar and Overlo... » | Israel Reportedly Will Implement New Export Contro... » | OFAC Adds Syria Mobile Phone Operator and Duty Fre... » | NFTC Releases Draft "Trade Negotiating Authority A... » 

July 20, 2008 

DDTC Limits Registration Period to One Year

The Directorate of Defense Trade Controls (DDTC) published in Friday's Federal Register a final rule amending the International Traffic in Arms Regulations (ITAR) to limit the registration period to one year, instead of up to two years, for both new registrants and for those renewing their registration.

In addition, the regulation states that registrants will be required to submit renewal packages to DDTC no more than 60 days prior to their current expiration. This new regulation is effective immediately.

For the time being, the registration fee remains at $1750 per year, although there is a proposal pending that would modify DDTC's registration fee based on the number of export licenses obtained per year.

The text of the new regulation reads as follows:

Sec. 122.3 Registration fees.

(a) A person who is required to register may do so for a period of 1 year upon submission of a completed Form DS-2032, transmittal letter and payment of $1,750.

(b) Expiration of registration. A registrant must submit its request for registration renewal at least 30 days but no earlier than 60 days prior to the expiration date.

The ITAR requires any person who engages in the U.S. in the business of either manufacturing or exporting defense articles or furnishing defense services to register with DDTC.

Labels: ,


Editor

Subscribe

Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed

Archives

Categories

Disclaimer

  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News, www.tradelawnews.com".
  • ©2003-2015. All rights reserved.

Translate This Site


Powered by Blogger