Export License

An export license is an official authorization required for businesses to send goods, technology, or services to another country. Governments issue these licenses to ensure compliance with national security, foreign policy, and trade regulations. The license helps prevent the export of items that could be used for harmful purposes or that breach international agreements. Businesses must apply for and receive the license before shipping controlled products, which may include certain military items, technologies, or sensitive materials. In essence, it's a way for governments to monitor and regulate international trade.