Brokering

• Bob Gorick
• 2024-08-18
• Trade Show News
• (0)

Arms Brokering and the International Traffic in Arms Regulations

If you don’t know where to look, it can take a long time to stumble across U.S. regulations restricting weapons brokering. There was no such regulation until 1996, when Congress amended Section 38 of the Arms Export Control Act to require persons engaged in brokering U.S. and non-U.S. defense equipment and technology to register with the government and generally obtain approval for their activities. At the time, a report from the House International Relations Committee stated: “… In some cases, U.S. citizens engage in arms transactions that are inconsistent with U.S. policy. Some of these transactions could exacerbate regional instability, provide support for terrorism, or violate U.S. policy decisions not to sell weapons to particular countries or regions. Expanding the United States’ legal authority to regulate brokering activities under this provision will help curb such transactions.” The Act was enacted the following year and added Part 129 – Registration and Licensing of Brokers – to the International Traffic in Arms…