Category: Other Import/Export

On October 9, the president signed an executive order designed to tighten existing sanctions against Iran. This order, which implements portions of the Iran Threat Reduction and Syria Human Rights Act of 2012 (ITRSHRA), imposes additional restrictions against non-U.S. entities which are owned or controlled by U.S. entities. In essence, this order makes it illegal...

There’s nothing like the recent case of major freight forwarding companies being added to the EPLS to bring home the importance of denied parties screening for your company. I’ve been involved with many clients’ denied parties list (DPL) screening programs for a number of years, and it’s easy to be lulled into a sense of...

Here’s a recent update that’s affecting many import compliance departments in recent weeks. The recent Korea-U.S. Free Trade Agreement (KORUS) bill incorporated a provision to increase the current import merchandise processing fee (MPF) rate. The MPF has increased from 0.21% to 0.3464% effective October 1, 2011. This MPF increase was signed into law on October...

Many trade compliance departments are faced with the decision to assign both a Schedule B Number and a Harmonized Tariff Schedule (HTS) code to their products, or just to assign the HTS code only. Since many companies are importing and exporting today, international corporations must fulfill the requirements for both import and export clearances. U.S....

This week, we’ve all been transfixed by the news that Usama bin Laden was killed by U.S. Special Forces at a hideout in Pakistan. But there’s an interesting footnote to this story, which is starting to get more attention. It has to do with a U.S. helicopter that crashed at the scene.According to various news reports, on Saturday...

At times, it feels like we spend all year telling people what they cannot export under the ITAR or EAR.  There are many items which are controlled by these regulations.  However, at this time of year, let’s spend a few minutes talking about what you can export. Below are five ways you can export some help to countries who need it...