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Export Administration

Export administration involves managing and regulating the transfer of goods, technology, and sensitive information from one country to another. It aims to ensure exports comply with national security, foreign policy, and economic interests. Governments establish export controls, licensing requirements, and restrictions to prevent sensitive items from reaching unauthorized parties, such as adversaries or terrorists. Businesses must follow these regulations to avoid penalties and support international security. Overall, export administration balances facilitating international trade with safeguarding national interests and security concerns.