Reidellawfirm.com | What are Red Flagged Countries?

What are Red Flagged Countries?

The term is not a definite legal one but often comes up in discussions about export regulations and sanctions. Since it’s often used, it’s helpful to describe the important aspects surrounding these countries and civil penalties. Sanctions are typically imposed in response to the actions of the target country, which are deemed to be a[…]

Reidellawfirm.com | How To Meet Rules of the Sky for Aircraft Exports

How To Meet Rules of the Sky for Aircraft Exports

Sanctions have a secondary effect on those doing business with the country in question.   If Russia is one place you operate, you’ve likely noticed this in your dealing with civil aircraft sales. The United States is one of the largest exporters of aircrafts, distantly followed by France.  Although larger players like Boeing will still take[…]

Reidellawfirm.com | What To Do When Export Detentions Negatively Affect Your Wallet

What To Do When Export Detentions Negatively Affect Your Wallet

Scratching his head, Leon scanned the official looking document before him. One bolded word stood out.  Detention. Can you relate? Free time has come and gone.  Now you’re the recipient of export detentions which are costing you precious time and money. Understanding your dilemma, we want to offer you a way to earn a resolution.[…]

Deemed Exports and US Trade Law

When most of us think of an export, we think about goods, information, or technology being removed from its country of origin and being sent or shipped to another country. Under modern US export regulations, however, a covered item (including goods, technology, or information) that is released to a foreign national is considered an export[…]

Подводные камни санкций США для российского бизнеса

Бизнес в сфере международной торговли всегда находится под влиянием геополитики, а в условиях текущих натянутых отношений между Россией и Соединенными Штатами Америки, американское правительство уделяет более пристальное внимание российским предприятиям, занимающимся импортом и экспортом товаров и технологий. Соответственно, компании, расположенные в России, или компании, тесно связанные с российским бизнесом, должны обеспечить постоянное соблюдение законодательства США[…]

Export Control Reform Act – Headaches to Come for Exporters

Export Control Reform Act – Headaches to Come for Exporters      The Export Control Reform Act of 2018 (ECRA) was passed in June as part of the John McCain National Defense Authorization Act of 2018, along with other trade and FDI related regulations. While the ECRA has the word reform right in the title, exports and[…]

Need to Know: Export Terms

Need to Know: Export Terms       For folks new to exporting or even importing there will be a myriad of abbreviations which are important to know as you start exploring the export market. The international commercial terms (Incoterms for short) are the official rules of the International Chamber of Commerce that explain typical trade terms.[…]