BXA meaning in Business ?

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Answer: What is Bureau of Export Administration mean?

The Bureau of Industry and Security (BIS) is an agency of the United States Department of Commerce that deals with issues involving national security and high technology. A principal goal for the bureau is helping stop the proliferation of weapons of mass destruction, while furthering the growth of United States exports. The Bureau is led by the Under Secretary of Commerce for Industry and Security.

The mission of the BIS is to advance U.S. national security, foreign policy, and economic interests. BIS's activities include regulating the export of sensitive goods and dual-use technologies in an effective and efficient manner; enforcing export control, anti-boycott, and public safety laws; cooperating with and assisting other countries on export control and strategic trade issues; assisting U.S. industry to comply with international arms control agreements; monitoring the viability of the U.S. defense–industrial base; and promoting federal initiatives and public-private partnerships to protect the nation's critical infrastructures.

Items on the Commerce Control List (CCL) – which includes many sensitive goods and technologies like encryption software – require a permit from the Department of Commerce before they can be exported. To determine whether an export permit is required, an Export Control Classification Number (ECCN) is used.

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Posted on 24 Sep 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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