Whether you’re just starting out on your export compliance journey and looking to build an export compliance program from the ground up, or you have a program in place and seek potential improvements, you’re best served to leverage an established model.
U.S. regulatory agencies can and do impose serious penalties for U.S. and non-U.S. companies that fail to comply with highly extraterritorial U.S. rules. These include monetary fines, a loss of U.S government contracts and/or a complete ban from receiving any U.S. items. The recent pace of changes to U.S. export control and sanctions measures have made it even more important for non-U.S. companies to stay up-to-date on the regulations.
Technology startups are at the forefront of innovation, driving advances that improve efficiency, enable growth and prosperity, and make people’s lives easier, healthier and more rewarding.
Jurisdiction over U.S. export controls span several government agencies. Understanding and applying these rules requires the active involvement of multiple departments and functions across a company or other institution.
Universities are widely regarded as institutions of higher learning. Yet they also serve an equally important purpose as research institutions, technology hubs and incubators for startup businesses.
Exports of machine equipment and parts across many leading industries have experienced significant growth in recent years—and that growth is expected to continue in the months and years ahead.
Mistakes happen. We’re all human, so naturally we’re prone to oversights, slipups, misjudgments and more. No one is perfect. Unfortunately, human fallibilities too often cause serious and impactful problems when businesses seek to export items to foreign countries.
Businesses that seek to sell goods or services to the U.S. Department of Defense or foreign governments – i.e., defense contractors and subcontractors – know this reality all too well. After all, U.S. export controls are as voluminous as they are complex. Some controls even defy common sense—yet they are the rules and must be followed. Consequently, defense contractors and subcontractors often feel overwhelmed by a litany of issues.
Export Control Reform for Firearms and Ammunition Businesses – Learn How to Adapt to Important Changes to ITAR and EAR Compliance Regulations
Like all businesses seeking to export items abroad, firearms and ammunition manufacturers must comply with stringent U.S. export control regulations.
It takes more than just one or two trained associates for a business to truly succeed in complying with the complex assortment of U.S. export controls. Rather, personnel across the organization – from the C-suite to operations, shipping and logistics, engineering and more – should be equipped with enough export compliance knowledge to identify potential issues or violations within their particular scope of activity before they become costly problems.