Did you know that the anti-boycott laws are part of export compliance? If not, you are not alone, as this is often an overlooked due diligence requirement necessary to comply with the U.S. export laws. Understanding what U.S. anti-boycott compliance means and how it affects day-to-day operations is key to adhering to the requirements. These…
Last week, I wrote about the Bureau of Industry and Security’s (BIS) Streamlining Export Controls for Drone Exports Interim Final Rule and why businesses shouldn’t let complicated Federal Register language scare them away from potentially valuable export opportunities. Well…things just got more interesting. BIS has now issued its final rule, and there are some important…
Have you ever read a Federal Register notice and immediately felt overwhelmed by terms like “Interim Final Rule” (IFR), “License Exception STA”, or “Country Group A:1”? You’re not alone. Many businesses stop reading at the legal jargon, which means they often miss opportunities that could make exporting easier and more competitive. One recent example is…
What Changed? Well, well, well…UAE, the country that exporters for years have been warned about for diversion risks, was just upgraded to Country Group A:5 and completely removed from Country Group D, specifically D:3 and D:4. (Note that Supplement 1 to Part 740 is yet to be updated, but the press release is on the…
A Noteworthy Conference with Strong Messages There has been a lot of chatter regarding the recent Bureau of Industry and Security (BIS) annual Update Conference on Export Controls and Policy, which took place recently in March. This year’s conference was particularly noteworthy as it marked the first time Commerce Secretary Howard Lutnick addressed export controls…