Economic Indicators

US halts exports of most civilian firearms for 90 days

2023.10.27 20:02


© Reuters. A sign in front of Department of Commerce building is seen before an expected report of new home sales numbers in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo

WASHINGTON (Reuters) – The U.S. has stopped issuing export licenses for most civilian firearms and ammunition for 90 days for all non-governmental users, the Commerce Department said on Friday, citing national security and foreign policy interests.

The Commerce Department did not provide further details for the pause, which also includes shotguns and optical sights, but said an urgent review will assess the “risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities.”

The Commerce Department declined to comment beyond the posting on its website.

Export licences for Ukraine and Israel, as well as some other close allies, will be exempted from the temporary halt in exports.

Exporters can continue to submit license requests during the pause, but they will be “held without action” until the pause is lifted.

The pause does not affect previously issued export licenses, Commerce said.

For shipments to government clients, exporters must name specific end users, while applications with unnamed government, military, and police users will be “returned without action.”

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,402.70 0.10%
ethereum
Ethereum (ETH) $ 2,534.09 2.70%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.45 4.54%
bnb
BNB (BNB) $ 652.31 0.06%
solana
Solana (SOL) $ 169.84 4.15%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.221577 5.30%
cardano
Cardano (ADA) $ 0.767913 4.09%
tron
TRON (TRX) $ 0.273849 1.02%
staked-ether
Lido Staked Ether (STETH) $ 2,533.55 2.60%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,480.73 0.04%
sui
Sui (SUI) $ 3.87 1.73%
chainlink
Chainlink (LINK) $ 16.10 5.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,041.91 2.82%
avalanche-2
Avalanche (AVAX) $ 23.49 6.87%
stellar
Stellar (XLM) $ 0.295773 3.13%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 6.31%
hyperliquid
Hyperliquid (HYPE) $ 25.63 1.93%
hedera-hashgraph
Hedera (HBAR) $ 0.199001 4.47%
leo-token
LEO Token (LEO) $ 8.86 0.44%
bitcoin-cash
Bitcoin Cash (BCH) $ 395.74 2.34%
the-open-network
Toncoin (TON) $ 3.09 5.17%
litecoin
Litecoin (LTC) $ 99.45 1.18%
polkadot
Polkadot (DOT) $ 4.80 4.35%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,536.36 2.61%
pi-network
Pi Network (PI) $ 0.887799 5.61%
monero
Monero (XMR) $ 339.41 0.71%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,705.36 2.66%
bitget-token
Bitget Token (BGB) $ 4.83 1.69%
pepe
Pepe (PEPE) $ 0.000013 4.96%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999847 0.09%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,457.72 0.11%
whitebit
WhiteBIT Coin (WBT) $ 30.26 0.17%
bittensor
Bittensor (TAO) $ 438.97 2.63%
uniswap
Uniswap (UNI) $ 6.24 5.41%
dai
Dai (DAI) $ 1.00 0.03%
near
NEAR Protocol (NEAR) $ 2.92 4.96%
aptos
Aptos (APT) $ 5.36 7.34%
aave
Aave (AAVE) $ 222.68 2.81%
okb
OKB (OKB) $ 53.56 1.07%
ondo-finance
Ondo (ONDO) $ 0.982296 4.34%
kaspa
Kaspa (KAS) $ 0.117804 2.42%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 203.91 4.20%
crypto-com-chain
Cronos (CRO) $ 0.101828 1.02%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 5.39 4.90%
ethereum-classic
Ethereum Classic (ETC) $ 18.91 5.02%