New Agency for Export Control and Sanctions will be operational as we turn the page from 2024 to 2025
The export control system is intended to ensure that defence-related products, technology and services are only exported from Norway in accordance with Norwegian security and defence policy, and that exports of dual-use items do not contribute to the proliferation of weapons of mass destruction (nuclear, chemical and biological weapons) or their means of delivery.
UN sanctions and EU restrictive measures have to be implemented in Norwegian legislation before they can be made binding on private legal entities in Norway. This is normally done by adopting regulations under one of two acts that provide the legal authority for such measures. Sanctions that are adopted by the UN Security Council are normally implemented by means of regulations under the Act of 7 June 1968 No. 4 relating to the implementation of mandatory decisions of the United Nations Security Council. EU restrictive measures and other international non-military measures with which Norway has aligned itself can be implemented through regulations under the Act of 27 April 2001 No. 14 relating to the implementation of international, non-military measures involving the suspension of or restrictions on economic and other relations with third countries or movements.
Simonsen Vogt Wiig follow the legislative developments closely within international trade, such as export control and sanctions closely and is often mandated by both Norwegian and international corporates to assist in compliance and swift handling of applications. Due to the geo-political circumstances, we see an increasing amount of export of both military material and technology. For more information, please consult our webpage, send us an e-mail or simply make a call to our experts.
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