In an announcement posted yesterday on its website, DDTC chides exporters for a recent increase in “low-quality” applications and says that it will no longer help exporters correct errors in applications but will simply return them without action. If true,…
Lt-Gen Khin Nyunt receiving visiting President of Daewoo International Corporation Mr Lee Tae Yong and party at the Myanmar Ministry of Defence According to a news item in today’s Korea Times, Lee Tae Yong, the President of Daewoo International, was…
Tucked away in the penalty notices released by OFAC last week was this typically terse and unhelpful entry: IXTLAN Corporation and Four Individuals Settle Cuban Embargo Allegations: IXTLAN Corporation, Santa Monica, California (“IXTLANâ€), and four individuals have agreed to a…
I was going to title this post “Exporter Temporarily Loses Export Privileges for Having Copy of the EAR in Its Offices.” However, after the uproar that a similar title (“BIS Fines Exporter for Filing Voluntary Disclosure“) created at BIS, I…
You may not have heard of the SEC’s relatively new Office of Global Security Risk. But Ford Motor has heard of the OGSR. And I suspect export professionals will hear more of this SEC office in the future. The OGSR…