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Startup maps technologies to international regulatory regimes
The article was published in the newspaper “Foreign Investment Watch” one of the leaders in the United States in terms of investing in foreign companies as well as regulation
A new Israeli company has launched a defense and dual-use export-control platform that can analyze technologies and map them to multiple international regimes, from the U.S. and EU to the Wassenaar Arrangement.
Safe-Zone CEO Eyal Bar-Or
The company, called Safe-Zone, was launched by Israeli entrepreneur Eyal Bar-Or, and is staffed with several export-control experts, including CTO Itzik Dekel, who previously served with the Defense Export Controls Agency of Israel’s Ministry of Defense.
Here are the basic details on the company and its technology offering:
The company offers a multi-regime export-control platform that analyzes and investigates products, materials and components, and classifies them in accordance with international regimes.
Among the international export-control regimes covered by the system:
- Export Administration Regulations (EAR) of the U.S. Bureau of Industry and Security
- International Traffic in Arms Regulations (ITAR) from the U.S. Department of State’s Directorate of Defense Trade Controls
- EU Export Control System
- Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies
- Missile Technology Control Regime with 35-member signatory countries
- Chemical Weapons Convention (CWC) of the BIS
- Office of Foreign Assets Control (OFAC) sanctions and Specially Designated Nationals lists
- India’s Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) regime
- The Australia Group Common Control Lists
- Other national and local regulations.
Screenshot from a promotional video posted on Safe-Zone’s Website.
According to Safe-Zone, the company’s platform enables customers to comply with local laws and international arrangements, preventing errors that could cause “significant delays in exports, heavy fines, and even criminal charges.”
Safe-Zone CEO Eyal Bar-Or tells Foreign Investment Watch that the platform has multiple “layers of defense,” including checks against Export Control Classification Numbers, and OFAC sanctions lists. The company can provide reports on particular products and companies.
Bar-Or says the product will be relevant to regulators, startups, investors, and even law firms that want to ensure compliance with U.S. and global regulatory regimes. “Our goal is to serve any VC investor as well as any company that wants to comply with U.S. law,” says Bar-Or. “We also aim to give law firms a real technical backbone in order to make sure their clients will not invest in a company that will put them in trouble with U.S. enforcement agencies.”