ABOVE: Sultan Qaboos According to a story appearing in London broadsheet The Daily Telegraph, the bill for the $500,000 ransom paid to Iran to enable release of imprisoned hiker Sarah Shourd was footed by Oman’s Sultan Qaboos. The question of…
Face it, we export folks have always felt that we weren’t part of cool crowd. We work with agencies that absolutely no one else has ever heard of. Our shop talk is littered with more acronyms than your kid’s bowl…
On Monday, the Department of Treasury’s Office of Foreign Assets Control (“OFAC”) repealed the Iraqi Sanctions Regulations, formerly found at 31 C.F.R. § 575.101 et seq. and replaced them the Iraq Stabilization and Insurgency Sanctions Regulations which will be found…
Last week, this blog reported OFAC’s announcement at the BIS Update that an electronic licensing system for agricultural and medical exports under the Trade Sanctions Reform and Export Enhancement Act of 2000 (“TSRA”) would debut “soon.” And by “soon” they…
One of the stated goals of export control reform is to unify the export licensing systems used by the Treasury, Commerce and State Departments. Each system — except, of course, for Treasury’s dead-tree system — has it advocates with some…