THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

Issue 73, October 2018

Strategic Trade Management Act inches closer to implementation

The new Philippines’ Strategic Trade Management Act and its Implementing Rules and Regulations come into force this October. Lino Arboleda reviews the legislation, its particular features,..

The new Philippines’ Strategic Trade Management Act and its Implementing Rules and Regulations come into force this October. Lino Arboleda reviews the legislation, its particular features, licensing and authorisation procedures, along with the penalties for any compliance failings.   Only the third country1 in ASEAN to adopt and enact a national export control law, the Philippines is moving closer to implementation of its Strategic Trade Management Act (‘STMA’). Passed into law on 13 November 2015, STMA, also known as Republic Act 10697, aims to prevent ‘the proliferation of weapons of mass destruction by managing the trade in strategic goods, the...

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