New export controls: How the amendment to the Foreign Trade Act will impact Austrian companies

The Foreign Trade Act is set to be amended. In addition to a new name – the act will now be called Security Export Act – there are plans to reduce bureaucracy and shorten export procedures. But is this really the case? We analyse the proposed simplifications and new burdens for the export of defence-related products, firearms, and dual-use goods, and whether the amendment will reduce bureaucracy.