The Directorate of Defense Trade Controls (“DDTC”) announced on July 29, 2020 the following changes to the measures announced on April 23, 2020 to lessen the burden that the COVID-19 pandemic is having on U.S. companies and the overseas supply chains. These changes were based on recommendations from industry and DDTC review of the public…
The Directorate of Defense Trade Controls (“DDTC”) announced on April 23, 2020 the following measures to lessen the burden that the COVID-19 pandemic is having on U.S. companies and the overseas supply chains in order to help the exporting/importing community. Below is a summary of those measures. The full notice can be found on the…
This past week, the Trump administration announced a ban on exports of certain types of Personal Protective Equipment (PPE) in response to the COVID-19 crisis. The new rule became effective immediately and will last four months (until August 8, 2020). While this type of activity is unusual due to its breadth and scope, those of…
Benjamin Franklin once stated that “Out of Adversity Comes Opportunity.” COVID-19 is the adversity- a tremendous difficulty. Companies forced to close their doors, employees laid off, lockdowns and stay-at-home orders could not be more adverse or difficult to our way of life; yet it is an unfortunate reality. Opportunities in Adversity So where are the…