US Trade Embargoes and Lesser International Commercial Sanctions

Overview:

A full review of current US embargoes on trade with certain foreign nations; less than full embargoes that apply to countries such as Russia and Belarus; Reexports and transshipments; Problems for US foreign subsidiaries, their executives and employees; Dealing with the multiple US Prohibited Party Lists; How to navigate foreign “blocking” laws the prohibit compliance with US embargoes on Cuba, Iran

Why you should Attend: 

US embargoes and lesser country sanctions change by day. Example: After Russia’s invasion of Ukraine, the federal government-imposed export controls on many product exports to Russia; American companies had previously contracted to sell products to Russia that were not controlled, sent them to the ports and the next day, they required a US export license prior to shipment.

You don’t want to be the Trade Compliance expert, Sales Manager, or Logistics Chief held responsible for an unlicensed shipment to a sanctioned or embargoed country.  This webinar will show you how to stay alert to such new developments on a daily basis in an efficient and effective manner.

Areas Covered in the Session:

• The four fully embargoed countries
• Lesser US sanctions
• Exceptions and how to comply with their terms of use
• How to maintain compliance with US Prohibited Party Lists
• Protecting US foreign subsidiaries and their employees from sanctions violations
• Avoiding and resolving issues with transshipments, reexports
• How to be issued an OFAC/BIS license authorizing otherwise prohibited transactions

Who Will Benefit:

• Those Having Duties in Trade Compliance, Purchasing, Sales, Marketing, Finance