We have been asked quite a bit recently as to the latest controls, restrictions and activities specific to exporting to China. Where to begin? There have been many changes over the last few months. The below are short summaries of the major areas of new export controls concerning exports to China. Restrictions Involving Publicly Traded…
In a press release earlier this month, the Bureau of Industry and Security (BIS) announced a tightening of controls against Chinese tech firm Huawei Technologies. BIS also added an additional 38 Huawei affiliates to the Entity List – an action that will impose a license requirement for all items subject to the Export Administration Regulations (EAR)…
Why Export Compliance Matters U.S.businesses that sell goods and services in a global market are required to comply with export control regulations that are published by several U.S. departments including the Department of Commerce, the Department of Treasury, and the Department of State. Export compliance does not only apply to big companies. Any U.S. business…
Does My Business Need Help With Global Compliance? When it comes to international business, every move you make counts. Exporters often need assistance at various stages of the exporting process- from building a complete program to getting products out the door. Deciding where to begin and who to contact can be difficult, and not least…
Here you come again. Just when we had begun to get our compliance plan together You waltz right in the door Just like you have done before With another change in hand And now we need to adjust our heads to yet another round of regulations (Adapted From Here you Come Again, Dolly Parton) Once…
In response to a Final Rule published by the Bureau of Industry and Security (BIS) and effective in March 2020 moving certain firearms, guns, and ammunition to the Commerce Control List (CCL), the Automated Export System (AES) has been updated to create a new license type, C63, for items not having the same controls as…
Business Has Changed, It’s Time For Trade Compliance To Change, Too As the business world adapts to face masks, Zoom calls and social distancing, the trade compliance community is also re-evaluating the way it does business. While a lot has changed in your business, one thing that is certain to change – and, in fact,…
No one wants to really talk about trade compliance or acknowledge if it is lacking or non-existent. Not only is trade compliance an overwhelming and complicated mix of regulations, it is also something that puts most people to sleep! Often times employees think someone else is handling import compliance, but nobody is fully dedicated to…
During tough economic times with layoffs, downsizing and budget cuts, companies look for ways to save money and deliver results more efficiently. Like other aspects of your business, you might be in a position where you need to find ways to cut costs while maintaining a high level of standards for your import and export…
The end of April saw a double whammy of belt-tightening for many exporters as the Bureau of Industry and Security (BIS) imposed additional restrictions on the exports, reexports or transfers of specific goods, equipment materials or software to China, Russia, and Venezuela. Changes Continue to Occur Last week, we reported on the changes being addressed…