Bae, Kim & Lee LLC Successfully Hosts Seminar on "Export Control Response Strategies in Aerospace and Defense"

Attendance by Corporate Officials and Practitioners
Sharing Global Regulatory Trends and Practical Response Strategies
Review of Export Control, Technology Transfer, and MRO Issues

Dami Choi, a lawyer at Bae, Kim & Lee LLC, is explaining the overview and trends of export control in the aerospace and defense industry. Provided by Bae, Kim & Lee LLC

Bae, Kim & Lee LLC's Export and Import Regulations Response Center recently announced on June 10 that it held a client seminar under the theme "Export Control Issues and Corporate Response Strategies in the Aerospace and Defense Sector." The seminar was organized to share global regulatory trends and practical response strategies in related industries, as export controls and economic security regulations are being tightened in major countries across the United States, Europe, and Asia.

Junki Lee, the Representative Attorney at Bae, Kim & Lee LLC, stated, "The aerospace and defense industry is not only a future growth engine directly linked to national competitiveness, but also a core sector of economic security," adding, "We hope this event provides practical insights for companies to both secure new opportunities and effectively manage risks."

At the seminar, Kim Sunggon, Director of the Korea Aerospace Industries Association, presented on the status and global trends of the domestic and international aerospace industry. Dami Choi, attorney at Bae, Kim & Lee LLC, gave a presentation on the overview and trends of export control in the aerospace and defense sector.

In addition, Chan Yang, Senior Researcher at the Korea Defense Industry Association, addressed issues related to exports of aviation and defense maintenance, repair, and overhaul (MRO). Hoseong Hwang, Head of the Export and Import Regulations Response Center at Bae, Kim & Lee LLC, spoke on export control issues and response strategies. The presentations covered major practical topics for companies, including Korea’s export control system and licensing procedures, the relevance of U.S. export controls (ITAR and EAR), risks of sanctions and circumvention transactions, technology transfer management, the establishment of local plants, and sharing technical data via cloud platforms.

Bae, Kim & Lee LLC explained that, as defense exports are expanding from a focus on finished products to 'full-cycle defense exports' that include localization, technology transfer, and maintenance, it is increasingly important to establish export control compliance systems tailored to the characteristics of each field.

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