Thursday, October 15, 2009

DDTC Posts Important Updates

Starting October 19, 2009, the DDTC will allow all U.S. applicants to submit Technical Assistance and Manufacturing License Agreements electronically via the D-Trade 2 application. Before getting too excited, the DTC strongly encourages the trade to review the new Guidelines for Preparing Electronic Agreements prior to submitting and electronic agreement. The requirements are complex and a thorough understanding is important to reduce the chances of rejection. Both paper and electronic submissions of agreement proposals will continue to be accepted; however, DDTC anticipates making the submission of electronic agreement applications mandatory for all applicants by Fall 2010.

In addition to this news, the DDTC posted information related to Licensing of Foreign Persons Employed by a U.S. Person and changes to DSP Amendments. Effective immediately, the DDTC will no longer process DSP amendments for value or quantity changes and a replacement license must be obtained

No comments: