Prohibits exports of advanced integrated circuits to countries of concern and requires licenses for such exports to other destinations.
The RESTRICT Act amends the Export Control Reform Act of 2018 to prohibit the export, reexport, or in-country transfer of advanced integrated circuits to countries of concern. It requires a license for such transfers to other destinations and mandates that the Under Secretary of Commerce for Industry and Security establish standards for U.S. persons to obtain a designation as an approved U.S. person.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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