UK Issues Latest Export Licensing Stats
The U.K.'s Export Control Joint Unit released its latest set of export licensing statistics, covering April 1 to June 30. The data includes licensing decisions, processing times, license registrations and suspensions, and more. During that time period, the agency said,…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
it made 2,716 licensing decisions for standard individual export licenses, down 5% from the previous quarter. Of those standard licenses, 96% were granted, 4% were refused, and none were revoked. The U.K. also said 53% of those applications were closed in the U.K.'s licensing system within 20 working days, up from 48% in the previous quarter.