BIS Guidance on License Requirements for the Shipment EAR Items to ISIL From BIS (Bureau of Industry & Security): What are BIS’s licensing requirements for the shipment of items subject to the EAR to ISIL-controlled facilities or territory? BIS prohibits the shipment of items subject to the Export Administration Regulations (EAR) to the Islamic State of Iraq and … [Read more...]
CEO Arrested for Exporting Aerospace-Grade Metals to Iran
CEO Arrested for Exporting Aerospace-Grade Metals to Iran Defendant, Erdal Kuyumcu of Woodside, NY, was arrested on March 1, 2016 on federal charges of illegally exporting a cobalt-nickel metallic powder (used in missile production and nuclear applications) from the United States to Iran through an intermediary in Turkey. The complaint alleges that Kuyumcu, a U.S. citizen … [Read more...]
BIS: Orders Denying Export Privileges
BIS: Orders Denying Export Privileges This month BIS (Bureau of Industry & Security) issued two orders denying export privileges. Quang Hu, a/k/a/ Johnson Ju was convicted on 7/24/2014 of violating the International Emergency Economic Powers Act by knowingly and willfully conspired, combined, confederated and agreed with other persons known and unknown to cause the … [Read more...]
OFAC – Barclays Bank Settlement Agreement for Violations of Zimbabwe Sanctions
OFAC - Barclays Bank Settlement Agreement for Violations of Zimbabwe Sanctions OFAC [U.S. Department of the Treasury’s Office of Foreign Assets Control] announced a $2,485,890 settlement with Barclays Bank Plc (Barclays). Barclays agreed to settle its potential civil liability for 159 apparent violations of the Zimbabwe Sanctions Regulations, 31 C.F.R. Part 541. From July … [Read more...]
Export Classification Codes Part 2: Kits
Export Classification Codes Part 2: Kits This is the second of three blog posts (from Global Reach) that discusses the proper way to classify mixtures, kits or parts for exports. This blog post discusses how to classify kits using the international guidance provided in the General Rules of Interpretation (GRI). When we have a product that can be classified in two or … [Read more...]