AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. These classifications help determine licensing requirements and simplify export control regulations, ensuring lawful and secure international trade. "The planned exemptions are a sign the U.S. needs to be diplomatic when implementing restrictions. "Effective export controls rely on multilateral buy-in," said a separate U.S. official who declined to be identified. "We continually work with like-minded countries to achieve our shared national security objectives."

Source: Economic Times July 31, 2024 10:35 UTC