⚖️New Export Controls on Biotechnology Equipment for Businesses
Controls on Certain Laboratory Equipment and Related Technology To Address Dual Use Concerns About Biotechnology
Summary
With this interim final rule (IFR), the Bureau of Industry and Security (BIS) is revising the Export Administration Regulations (EAR) to address the accelerating development and deployment of advanced biotechnology tools contrary to U.S. national security and foreign policy interests. This rule institutes new controls on certain biotechnology equipment and related technology. It further solicits public comments on the changes it implements.
Agencies
- Commerce Department
- Industry and Security Bureau
Business Impact
$$ - Med
The new Export Administration Regulations impose controls on biotechnology equipment, significantly affecting compliance for businesses involved in exporting biotechnology tools and related technology. This ruling requires licensing for specific items and introduces a presumption of denial for exports to certain countries, impacting operational strategies for relevant businesses.