The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently released a new set of best practices that are aimed at helping exporters, re-exporters and freight forwarders guard against the diversion of dual use items shipped to a transshipment hub. While transshipments are a growing part of international trade and offer many benefits, [...]
BIS has extended the denial of re-export privileges to Iran for Mahan Airways. The company may not directly or indirectly partipate or benefit from any transaction subject to EAR (Export Administration Regulations) for 180 days. It is also a violation of the EAR for any person to participate in a transaction subject to the EAR [...]
The BIS has implemented the eased export restrictions, first signed into law by President Obama on April 13rd, 2009. The BIS’s Export Arms Regulations are now updated to reflect the following changes: The measures will allow items normally exchanged between individuals as gifts to be included in gift parcels going to Cuba and remove the [...]
