1、 https:/crsreports.congress.gov February 12, 2021The Information and Communications Technology and Services (ICTS) Rule and Review Process On January 19, 2021, the Department of Commerce (Commerce) issued an interim final rule (86 FR 4909) implementing Executive Order 13873, which created a new proc
2、ess for the Secretary to review transactions involving information and communications technology and services (ICTS) and determine whether those transactions present certain national security and economic risks. When a transaction in ICTS involves foreign persons or governments designated as “foreig
3、n adversaries” and presents certain “undue or unacceptable risks” to the United States, the new rule (ICTS Rule) allows Commerce to either block the transaction or negotiate risk-mitigation measures. The ICTS review process regulates individual ICTS transactionsbroadly defined as “any acquisition, i
4、mportation, transfer, installation, dealing in, or use of any ICTS.” As such, it could subject a wide range of commercial interactions to a new federal approval process. What Is ICTS? ICTS is defined as any “hardware, software, or other product or service . . . primarily intended to fulfill or enabl
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