What is ExportControl and Why Your Business Needs Export Solutions
Whether we understand it or not,everything we purchase, everything we ship or send in the mail, is imported orexported here and there to one place or another. It is a complicated process,and there are many rules and regulations in place, both at the federal andinternational levels. Both large and small businesses must follow theseregulations. It is critical to understanding export control and why yourbusiness needs to follow these regulations or work with a professional thatguides you through them.
Export control regulations include federal laws that prohibit the unlicensed exportof specific commodities or information. This is typically for reasons ofnational securities or trade protections. Export controls will arise forvarious reasons, such as military applications or economic protection issues,or government concerns about the destination country, organization, orindividual. There may also be export controls in place because of governmentconcerns about the declared or suspected end use or the end-user of the export.The United States also promotes export control to prevent the accumulations ofconventional weapons and related material, so it is an issue that goes up theladder.
Export control ismonitored and controlled by the Bureau of Industry and Security under the U.S.Department of Commerce, which is complex in and of itself. This team of peopleadministers U.S. laws and regulations that govern both imports and exportsunder Export Administration Regulations. The BIS is responsible forimplementing and enforcing Export Administration Regulations, and they can alsocontest these laws and regulations if need be. Because there is so much thatgoes into export control, so many rules and regulations that much be followedand outlined, working with someone that understands them better than yourselfand your company is crucial.
As a business owner, you shouldcare about export controls. There are significant fines and even jail sentencesmandated for those business owners who break compliance regulations. Whenexport control regulations are violated, you face serious consequences, whichis about more than losing your business. Working with a professional team like
Export Solutionsmeans understanding export controls, your current processes, and how yourbusiness relies on national and international trade in order to keep the supplychain running. Especially with the current pandemic, the current global tradecompliance can be complicated and, if you aren’t keeping it, it can leave youbehind and with serious legal consequences.
With help from Export Solutions,you will see international trade as a more straightforward process, and yourcompany will be able to see that trade compliance is more than staying withinthe legal guidelines of U.S. and international trade. It is about deliveringproducts on time, within your company’s budget, and with the highest standard.Because global trade, in particular, is no easy task, staying up-to-date andworking with those experts that understand export control regulation best isideal for the success of your company, regardless of its size.
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