On December 28, 2019, the National People’s Congress of the People’s Republic of China issued a new draft of the Export Control Law, an update from the 2017 version released by the Ministry of Commerce (MOFCOM).
May 25, 2020 Update: The Chairman of the Standing Committee of the National People’s Congress announced that the Export Control Law will be one of China’s legislative priorities for 2020. Given recent developments in the United States and China, the new law merits careful consideration by global companies operating in both jurisdictions.
As China’s first comprehensive export control legislation, this represents a major shift in China’s export control framework, currently composed of disparate administrative regulations creating some difficulties with enforcement. The new draft law reflects certain principles in other jurisdictions’ export control laws but also contains many China-specific elements.
Please join Mayer Brown International Trade lawyers on a webinar as they discuss these important developments and strategic considerations for multinational companies which export items or technologies governed by Chinese export control laws. Topics to be covered include:
- Special importance of global export control compliance in a new era
- Basic framework of the new draft law, as well as its similarities and differences from the US framework
- Significant provisions impacting foreign importers/end users
- Key changes from the previous draft by MOFCOM
- Implications for companies operating or engaging in exports to or from China, including potential penalties for violations
Tuesday, June 23, 2020
11:00 a.m. – 12:00 p.m. EDT
10:00 a.m. – 11:00 a.m. CDT
9:00 a.m. – 10:00 a.m. MDT
8:00 a.m. – 9:00 a.m. PDT
4:00 p.m. – 5:00 p.m. BST
5:00 p.m. – 6:00 p.m. CEST
Tuesday, June 30, 2020
2:00 p.m. – 3:00 p.m. JST
1:00 p.m. – 2:00 p.m. CST
For additional information or to register for this webinar, please contact Yena Lee at firstname.lastname@example.org or +1 202 263 3297.