The Department of Commerce’s Bureau of Industry and Security (BIS) has announced an updated guidance to help define responsibilities for freight forwarders and exporters when working together to ensure compliance with US export controls and regulations.
The guidance focuses on:
- Expectations of the exporter or USPPI
- Best practices when selecting a Freight Forwarder
- Responsibilities for routed and non-routed exports
- Antiboycott guidance
- Red flags for exporters
The guidance is not just for freight forwarders, but also explains what an exporter or US principal party of interest (USPPI) must do to remain compliant and avoid potential penalties.
Do you have a rock-solid export compliance plan in place? Exporters are under more scrutiny than ever by the US government and regulations are constantly changing. We offer export consulting and long-term management of trade and compliance programs. Reach out to Mohawk Global Trade Advisors.
By Clarissa Chiclana