Licence conditions govern transfer, ownership, disposal, re-export restrictions, and technology-transfer import compliance assurances under foreign trade regulation. Export licences restrict transfer or acquisition except as permitted by policy and require the goods to be owned by the licensee at export. Import ... Summary
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Licence conditions govern transfer, ownership, disposal, re-export restrictions, and technology-transfer import compliance assurances under foreign trade regulation.
Export licences restrict transfer or acquisition except as permitted by policy and require the goods to be owned by the licensee at export. Import licences may restrict disposal and require a compliance bond. Imported goods must remain the licensee's property until customs clearance, be new unless otherwise licensed, and cannot be exported without written permission. Technology-transfer imports from the United States also require compliance with import-certificate conditions and related assurances.
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