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Title 15: Commerce and Foreign Trade
§740.4 Shipments to Country Group B countries (GBS).
License Exception GBS authorizes exports and reexports to Country Group B (see Supplement No. 1 to part 740) of those commodities where the Commerce Country Chart (Supplement No. 1 to part 738 of the EAR) indicates a license requirement to the ultimate destination for national security reasons only and identified by “GBS—Yes” on the CCL. See §743.1 of the EAR for reporting requirements for exports of certain commodities under License Exception GBS.
[63 FR 2456, Jan. 15, 1998, as amended at 69 FR 5690, Feb. 6, 2004]