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On January 21, 2011, the U.S. Census Bureau issued the Notice of Proposed Rulemaking (NPR), also in pdf, for revisions to the Foreign Trade Regulations (FTR). Most of the clarifications and changes reflect a need to update the FTR to meet export enforcement laws. I recommend that you take a look at the entire NPR for more details. Keep in mind, these are proposed changes to the FTR, until a Final Rule is issued. Therefore, the feedback we receive from the trade community may influence if these changes become effective or not. Here is a summary of some of the major proposed changes (not all inclusive):
Be sure to review the entire NPR for complete details. Comments or questions on the proposed changes can be submitted to FTD.FTR.comments@census.gov. Make sure you make yourself aware of these proposed changes and how they may affect you in the future.
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