Tuesday, April 6, 2010

BIS Eliminates Many Paper Documents

(World Trade Interactive)

The Bureau of Industry and Security has issued a final rule that, effective May 5, will enable it to eliminate the paper versions of most export and re-export licenses, notices of denial of license applications, notices of return of a license application without action, notices of results of classification requests, license exception AGR notification results, and encryption review request results. This rule also changes certain recordkeeping requirements associated with the elimination of paper documents.