Companies looking to export goods to Dubai need to be aware that it takes proper precaution before they submit the export documents to U.S. Customs and Border Protection ("CBP" or "Customs"). We have dealt with many cases where Customs is suspicious as to the end user of said goods. Conversations with CBP personnel have indicated that Dubai is a major reexporter of goods to Iran. As of today's blog post, the U.S. maintains sanctions against Iran. See our previous posts on Iran and sanctions here. As a result, goods may[...]
On May 30, 2013, the U.S. government issued a General License on the export of electronic devices such as, cellphones, laptops, computers, and wireless routers to Iran. This effectively ended a ban that has been in place since 1992. According to the Department of Treasury's press release "this General License aims to empower the Iranian people as their government intensifies its efforts to stifle their access to information." Pursuant to 31 C.F.R. Part 560 the General License does not authorize the export of any listed equipment to the Iranian government[...]
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,[...]
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