BIS Suspends Libya Export and Reexport Licenses

Yesterday the U.S. Department of Commerce's Bureau of Industry and Security (BIS)) announced that it has suspended indefinitely all licenses that it has issued for exports or reexports to Libya.

As a result, no further shipments may be made against BIS licenses for exports or reexports to Libya by any person.

For more information on the current scope of U.S. sanctions and other restrictions on Libya see our prior post "Libya Sanctions and Restrictions: An Update for U.S. Companies" here.