USPPI Responsibilities What is a USPPI? The USPPI, as defined by FTR (Foreign Trade Regulations), is the person in the United States that receives the primary benefit, monetary or otherwise, of the export transaction. If you are the recipient of the purchase order from the overseas party for cargo that is exported and your invoicing them for the product, you are the USPPI … [Read more...]
Iranian Company Pleads Guilty to U.S. Export Violation
Iranian Company Pleads Guilty to U.S. Export Violation An officer of Falcon Instrumentation & Machinery FZE, an Iranian corporation formerly known as FIMCO (Falcon/FIMCO) , entered a plea of guilty on behalf of the corporation to conspiracy to evade export licensing requirements. The conspiracy: An attempt to smuggle to Iran a machine with possible military as well … [Read more...]
BIS Implements Removal of State Sponsor of Terrorism Designation for Cuba
BIS Implements Removal of State Sponsor of Terrorism Designation for Cuba On July 22, the Export Administration Regulations (EAR) were amended to reflect the fact that the Secretary of State rescinded the designation of Cuba as a State Sponsor of Terrorism on May 29, 2015. This rule removes EAR references to Cuba as a State Sponsor of Terrorism and removes Cuba from Country … [Read more...]
BIS: Final Rule – Wassenaar Arrangement 2014 Plenary Agreements Implementation and….
BIS: Final Rule - Wassenaar Arrangement 2014 Plenary Agreements Implementation and.... Country Policy Amendments From BIS: This final rule amends the Commerce Control List of the Export Administration Regulations by implementing the changes agreed to by the Wassenaar Arrangement (WA) at the 2014 Plenary by revising 42 Export Control Classification Numbers (ECCNs), adding … [Read more...]
Registration Now Open: BIS Seminar – MSP in June
Registration Now Open: BIS Seminar - MSP in June... Following up from last week's post, here are more details about the BIS (Bureau of Industry & Security) Seminar on Complying with U. S. Export Controls to be held June 16-17. Registration is now open and the deadline is Friday, June 12, 2015. Minneapolis Airport Marriott is offering accommodations at a special … [Read more...]