8 years - Export Privileges Denied for Terand/Anders The Bureau of Industry and Security (BIS) issued an order suspending for eight years the export privileges of a company, Terand, Inc., and and its president, Walter Anders. They are charged with causing and/or aiding the export of U.S.-origin T300 carbon fiber to Singapore without the required license. This product is … [Read more...]
October Newsletter
October Newsletter ⇒UPDATES ON HANJIN SHIPPING Hanjin – Update ⇒Reminder: DCS Changing Destination Control Statements (DCS) Changing - →Effective 11-15-2016 PER BIS & STATE DEPT ⇒Risk Assessment TRADE COMPLIANCE: RISK ASSESSMENT →Analyzing threats & knowing your … [Read more...]
TRADE COMPLIANCE: RISK ASSESSMENT
TRADE COMPLIANCE: RISK ASSESSMENT Risk Assessment is analyzing external threats against company procedures to identify where vulnerabilities exist and what procedures can be implemented or improved to reduce risk. First thing to do is understanding your business: What do you ship, how do you ship, where do you ship to, where to you ship from and to whom do you … [Read more...]
R & A International Charged $500K for Export Control Violations
R & A International Charged $500K for Export Control Violations BIS entered into a Settlement Agreement with R&A International Trading Inc. doing business as (d/b/a) R&A International Logistics and RU.K.hansa Kadri a/k/a Roxanne Kadri for four alleged violations of the Export Administration Regulations (EAR). The violations … [Read more...]
Anti-Boycott Settlement with Westlake Vinyls Company
Anti-Boycott Settlement with Westlake Vinyls Company The Bureau of Industry and Security (BIS) reports that a Texas company, Westlake Vinlys Company, will pay a $12,000 civil penalty to settle charges that it violated the anti-boycott provisions of the Export Administration Regulations in connection with exports to the United Arab Emirates. Westlake Vinyl was charged … [Read more...]