Common use of Trade Controls Clause in Contracts

Trade Controls. (a) It is the policy of GDLS-C to conduct its business in compliance with all applicable export/import laws and regulations, referred to as ‘trade controls’. Further, it is the policy of GDLS-C to only conduct business with Sellers who are registered with their government to participate in activities related to the defence industry; have proven not to require registration (i.e. commercial material, technology and/or services); are exempt from registration by their government but authorized to participate in defence activities (i.e. government agencies); or, are not able to register as their government does not have a registration program (export licenses may still be required for the export of defence articles).