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Brief
On October 17, 2024, the U.S. Bureau of Industry and Security issued an update regarding Commerce Announces Series of Rules to Modernize Space-Related Export Controls. The rules aim to further U.S. innovation and technology leadership while protecting national security and foreign policy interests by removing license requirements for exports of certain space-related items to close allies and partners worldwide, reducing unnecessary export control restrictions, and facilitating international cooperation in the space sector.
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