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Learn moreU.S. BIS imposes stricter export controls on items destined for Nicaragua
More restrictive treatment to exports and reexports to, and transfers (in-country) within, Nicaragua of items subject to EAR
The Bureau of Industry and Security (BIS) today issued a final rule [PDF 278 KB] amending the Export Administration Regulations (EAR) to apply more restrictive treatment to exports and reexports to, and transfers (in-country) within, Nicaragua of items subject to the EAR.
Today’s final rule also:
- Aligns with the State Department's decision to add Nicaragua to the list of countries subject to a U.S. arms embargo under the International Traffic in Arms Regulations (ITAR).
- Moves Nicaragua to a more restrictive country grouping, applying a stringent licensing policy for items controlled for national security reasons
- Subjects Nicaragua to “military end use” and “military end user” restrictions
- Advances the U.S. government’s efforts to restrict the availability of items subject to the EAR to Nicaragua’s military and security services
Read a related BIS release [PDF 136 KB]
For more information, contact a professional with KPMG Trade & Customs services:
| Doug Zuvich Partner and Global Practice Leader E: dzuvich@kpmg.com | John L. McLoughlin Principal and East Coast Leader E: jlmcloughlin@kpmg.com |
| Andy Siciliano Partner and National Practice Leader E: asiciliano@kpmg.com | Steve Brotherton Principal and Global Export and Sanctions Leader E: sbrotherton@kpmg.com |
| Luis (Lou) Abad Principal, Washington National Tax E: labad@kpmg.com | Irina Vaysfeld Principal E: ivaysfeld@kpmg.com |
| Amie Ahanchian Principal E: aahanchian@kpmg.com | Christopher Young Principal E: christopheryoung@kpmg.com |
| Gisele Belotto Principal E: gbelotto@kpmg.com | George Zaharatos Principal E: gzaharatos@kpmg.com |
| Andy Doornaert Managing Director E: adoornaert@kpmg.com | Jessica Libby Principal E: jlibby@kpmg.com |
| John Anderson Managing Director E: johneanderson@kpmg.com | Jenna Leigh Glass Managing Director E: jennaleighglass@kpmg.com |
| Doug Zuvich Partner and Global Practice Leader E: dzuvich@kpmg.com | John L. McLoughlin Principal and East Coast Leader E: jlmcloughlin@kpmg.com |
| Andy Siciliano Partner and National Practice Leader E: asiciliano@kpmg.com | Steve Brotherton Principal and Global Export and Sanctions Leader E: sbrotherton@kpmg.com |
| Luis (Lou) Abad Principal, Washington National Tax E: labad@kpmg.com | Irina Vaysfeld Principal E: ivaysfeld@kpmg.com |
| Amie Ahanchian Principal E: aahanchian@kpmg.com | Christopher Young Principal E: christopheryoung@kpmg.com |
| Gisele Belotto Principal E: gbelotto@kpmg.com | George Zaharatos Principal E: gzaharatos@kpmg.com |
| Andy Doornaert Managing Director E: adoornaert@kpmg.com | Jessica Libby Principal E: jlibby@kpmg.com |
| John Anderson Managing Director E: johneanderson@kpmg.com | Jenna Leigh Glass Managing Director E: jennaleighglass@kpmg.com |
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