Global Trade Alert
Global Trade Alert

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United States of America: US Administration signs into law National Defense Authorization Act of 2023

Description

On 23 December 2022, the US Administration signed into law the National Defense Authorization Act (“NDAA“) for Fiscal Year 2023 (P.L. 117-263). Section 5590 of the NDDA requires the US President to im...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

23 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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