The Bureau of Industry and Security has announced that exporters may request six-month extensions of the validity of export licenses due to expire on or before Dec. 31, 2020. In addition, BIS will streamline this process by creating a central electronic mailbox for the submission of requests.
According to BIS, when requests are received the original license will be reviewed and, in most cases, its validity will be extended via the electronic system. Depending on the number of requests received, it is estimated that the majority of extension requests will be processed and approved within two to three business days.
For more information, please contact Kristine Pirnia.
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