Location
1185 Avenue of the Americas, Fl 3
New York, NY 10036
Talk To An Attorney Today

(800) 549-5099

Blog

29February 2012

Import Export Attorney: Sanctions and Embargoes

Sanctions and embargoes can be thought of as political coercive measures.  Examples include the prohibition of doing business with certain countries, governments or individuals.  The reason behind these measures are to compel those countries, governments or individuals to comply with international laws or other obligations in order to maintain national-security and safety objectives.

The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United States.

Such examples of countries under the embargo include Cuba, Iran, and North Korea.  Importers must ensure that their shipments are imported or exported before the effective date of the embargo.  The government is not flexible as to allowing any merchandise leave or enter the country ince the effective date has passed.  If any of your merchandise is subject to a sanction or embargo it is best to consult with a professional who can guide you as to your rights with respect to   your product.

Happy Importing 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our Newsletter

Government Agencies We Work With

© 2018, Abady Law Firm, P.C. Privacy policy

DISCLAIMER: The content of this website has been prepared by the Abady Law Firm, P.C., for informational purposes only and should not be construed as legal advice. The material posted on this website is not intended to create, and receipt of it does not constitute, a lawyer-client relationship, and readers should not act upon it without seeking professional counsel. The Abady Law Firm, P.C., did not produce and is not responsible for the content of off-site legal resources. The materials on this site may constitute advertising under various state ethics rules.