Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.
Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William
Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com
The Export Control Organisation (ECO) is part of the Department for Business, Innovation & Skills (BIS) under its International Trade Investment and Development Directorate (ITID).
The aim of the ECO is to 'promote global security through strategic export controls, facilitating responsible exports'.
It is responsible for legislating, assessing and issuing export licences for specific 'controlled' goods. These goods include:
dual-use goods - civilian goods with a potential military use
torture goods
radioactive sources
military items
The ECO also issues trade control licences for the trafficking and brokering of arms and dual use goods.
Whether a licence is required depends on various factors, including the type of items exported and any sanctions in force on the export destination.
ECO responsibilities
The ECO has the following additional responsibilities:
auditing and ensuring compliance with Open Licences - this is done through regular company audits;
reporting statistics about strategic export licence applications - this is done quarterly and is included in the government's annual report on export controls;
undertaking a wide range of national and international outreach activities;
participating in the shaping of worldwide arms control policies - through the international arms control regimes;
working with other government departments on counter-proliferation activities;
developing UK export licensing legislation - with other industry stakeholders and non-governmental organisations;
providing help and advice to exporters - through a helpline, seminar programmes, rating enquiry service and database tools - including the Goods Checker and OGEL Checker.
