Federal Register #06940096

Request for Public Comment on Five-Year Records Retention for Export Transactions and Boycott Actions

This notice from the Department of Commerce, Bureau of Industry and Security, seeks public comment on a proposed information collection related to export transactions and boycott actions. - Government Buyer: - Department of Commerce - Bureau of Industry and Security - Purpose: - Request for public feedback on a five-year records retention requirement - Applies to all parties involved in export, reexport, transshipment, or diversion of items subject to the Export Administration Regulations (EAR) - Also applies to U.S. parties involved in export transactions with reportable boycott requests - No OEMs, vendors, or products are mentioned, as this is not a procurement or product solicitation - Focus is on evaluating the necessity, utility, and burden of the information collection - Aims to minimize reporting requirements for affected parties - No products, services, part numbers, or purchase quantities are specified

Description

The Department of Commerce is requesting public comments on the proposed and continuing information collection related to export transactions and boycott actions. This collection involves a five-year records retention requirement for all parties involved in export, reexport, transshipment, or diversion of items subject to the Export Administration Regulations (EAR). The purpose is to preserve potential evidence for investigations and comply with statutory requirements. Comments are invited to assess the impact and minimize the public's reporting burden before submission to the Office of Management and Budget (OMB).

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