MrThickRopes
16:29
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
Bureau of Export Administration
Read a random definition: failure-of-proof defense
A quick definition of Bureau of Export Administration:
Term: Bureau of Export Administration
Definition: The Bureau of Export Administration was a part of the U.S. Department of Commerce that gave permission for companies to export goods and made sure they followed the laws about what they could export. In 2002, it changed its name to the Bureau of Industry and Security.
Abbreviation: BXA
A more thorough explanation:
The Bureau of Export Administration (BXA) was a bureau in the U.S. Department of Commerce that was responsible for issuing export licenses and enforcing export-control laws.
In 2002, the bureau's name was changed to the Bureau of Industry and Security (BIS).
An example of the BXA's responsibilities would be if a company wanted to export a product that could be used for military purposes, the BXA would review the application and determine if it was in compliance with export-control laws.
The BXA's role was to ensure that exports did not pose a threat to national security or foreign policy interests.