U.S. Export Controls: Protect Your Exports From Diversion
- Arne Mielken
- Aug 25, 2024
- 6 min read
Ensure your exports are secure and compliant with the latest BIS guidance on preventing diversion to sanctioned destinations like Russia or Belarus.
What Questions We Will Answer in this Blog
What language may exporters wish to include in sales contracts to prevent diversion to Russia?
How can corporate service providers avoid supporting bad actors using their services?
What steps may be taken to ensure compliance with BIS regulations?
Introduction
In today's ever-changing regulatory environment, the challenge of ensuring that exports are not diverted to unauthorized destinations like Russia or Belarus has never been greater. The U.S. Bureau of Industry and Security (BIS) has issued new guidance aimed at helping exporters and service providers navigate these complexities. This blog will walk you through the key elements of this guidance, focusing on how to protect your business and remain compliant.
"In an interconnected world, vigilance in export compliance is not just a duty; it's a necessity for safeguarding your business's integrity."— Arne Mielken, Managing Director of Customs Manager Ltd
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