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 Directorate of Defense Trade Controls (“DDTC”) announced on April 23, 2020 the following measures to lessen the burden that the COVID-19 pandemic is having on U.S. companies and the overseas supply chains in order to help the exporting/importing community. Below is a summary of those measures. The full notice can be found on the…
The New Face Of ITAR Compliance For Your Business On December 26, 2019, DDTC issued an Interim Final Ruling which outlined changes to the ITAR and significantly, to ITAR Encryption Rules. My Blog, “When is an Export not an Export” (published on 12/30/2019), discussed in general terms the Interim Final Ruling and the changes that…
Benjamin Franklin once stated that “Out of Adversity Comes Opportunity.” COVID-19 is the adversity- a tremendous difficulty. Companies forced to close their doors, employees laid off, lockdowns and stay-at-home orders could not be more adverse or difficult to our way of life; yet it is an unfortunate reality. Opportunities in Adversity So where are the…
How Your Business Benefits From ITAR Consultants Navigating the complexities of International Traffic in Arms Regulations (ITAR) is crucial for companies involved in trade compliance. With stringent requirements from the Department of State, including detailed policies, licensing, training, and auditing, the role of an ITAR consultant becomes invaluable. These experts understand the specific needs of…
Is Your Company’s Understanding of ITAR Procedures Flawed? Earlier this month, I was reading some articles online and found the following statement about a company and its ITAR requirements (bold emphasis mine): “Export-controlled technical data has a unique set of rules designed to ensure that it is not inadvertently released or “exported” to foreign persons…
What is ITAR? The International Traffic in Arms Regulations (ITAR) regulates the export of defense articles and defense services. However, these rules don’t just apply to weapons, but also anything that could be used by a foreign country to threaten U.S. interests and national security. Any company in the United States who is engaged in…