Global Knowledge®

Canada
Five parties have been added to the Royal Canadian Mounted Police – Most Wanted List, while three parties have been modified.
 
Europe
EU Financial Sanctions has added 33 and modified 8 restricted parties.
 
United States

• OFAC Sanctions has added 1 RPL record and deleting 5.
• Department of State – Specially Designated Global Terrorist Pursuant to Section 1(b) of Executive Order 13224 has added 1 RPL record.
• Section 311 – Primary Money Laundering Concern (FinCEN) has added 3 and modified 2 RPL records.
• Immigration and Customs Enforcement – Most Wanted Fugitive Criminal Aliens has modified 1 RPL record.

Are you doing business with any restricted parties?  Management Dynamics’ Restricted Party Screening (RPS) On-Demand can continuously screen your customers to ensure compliance.  Avoid costly fines and penalties – check out RPS On-Demand.

US Export Controls

Two typographical errors that appeared in a rule published on June 4 have been corrected.  One error is in the License Requirements section of Export Control Classification Number 2B001, and the other is in the Technical Note on Adjusted Peak Performance (“APP”) found at the end of Category 4 on the Commerce Control List.  The following ECN category is affected: 02.

US Anti Dumping and Countervailing Duties

Changes have been made to many products across the Tariff.  The Import Controls affected by this update are Anti Dumping and Countervailing Duties.

Argentina’s 2010 Tariff Schedule has been updated.  New HTS numbers have been added, old HTS numbers have been deleted, and many existing HTS Descriptions have been modified.  The following HTS chapters are affected: 61, 62, 84, 85, 87 and 90.

• Will the Sarbanes-Oxley Act be thrown out? http://nyti.ms/9M2ljC #SarbanesOxley #
• An excellent Friday afternoon read: http://bit.ly/c9CzR4
  Hilarious! #

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This year’s International DEC Conference will be held in Detroit on October 24 - 27, 2010.  Entitled “Capitalizing on America’s Export Advantages: Green and Innovation,” the conference will feature world-renowned business professionals and high-level government officials.  It’s the largest conference in North America that is solely devoted to exporting.  Over 500 attendees are expected – and you can be one of them!  Follow this link to register.

The National Nuclear Security Administration (NNSA) has announced that the Republic of Malta will join the U.S. Megaports Initiative, a cooperative effort to detect, deter, and interdict illicit maritime smuggling of nuclear and other radioactive material.  As part of the agreement, the NNSA will work with the Maltese Customs Administration and other government agencies in Malta to install radiation detection equipment and associated infrastructure at the port of Marsaxlokk.  This cooperative framework will also train Maltese officials on the use of the equipment and provide for maintenance of the equipment for a specified period.

• RPS On-Demand would've really been helpful in this situation…http://bit.ly/clWynW #

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US exporters are having difficulty moving their goods due to a container shortage.  The reason behind the lack of containers?  Brian Conrad, executive administrator of the Westbound Transpacific Stabilization Agreement (WTSA), explains:

Most of the container manufacturing plants in China pretty much shut down and closed all their production lines, and the carriers are having a real problem in getting these people to ratchet those production lines back up again.

Stats from a Containerisation International article show that only 350,000 TEUs were produced in 2009.  That number is a drop in the bucket compared to 2008′s 3.25 million TEUs and 2007′s 4.25 million.  Agricultural exporters are especially having a tough time.  Most are located in rural areas, and the cost of repositioning containers to get to their locations is sky high.
 
To give shippers a break, WTSA members have decided that no GRIs will be applied until September or October.  When the general rate increases are rolled in, carriers will take “a more traditional commodity-based approach.”  General Rate Increases are only one of the items on shippers’ long list of problems.  To address some of the issues, WTSA has decided to create a “shipper-carrier advisory board.”  According to Conrad,

It is not going to be a board that will talk about what is the rate for wastepaper and is it acceptable to raise rates out of Houston for resin — it will talk about some of the broader issues.

 Hats off to the WTSA for taking action.  They are also working with the U.S. Department of Agriculture on a pilot project related to the equipment shortages, as well as participating in the Federal Maritime Commission’s investigation of capacity issues.  For more information, read American Shipper’s article.

Maersk Line has announced the re-launch of their Asia-Europe (AE8) Service, which was discontinued at the end of 2008.  The AE8 will be Maersk’s main service between Le Havre, France and Hamburg, Germany and East/South China and South East Asia.  The first sailing is scheduled for July 3, 2010.  Port rotation will include the following locations: Ningbo, Shanghai, Yantian, Tanjung Pelepas, Port Klang, Le Havre, Hamburg,  Rotterdam,  Zeebrugge, Port Klang, and Singapore.

• Thai Customs Re-Launches Self-Disclosure Program
  http://bit.ly/azEW5B #
• More details on #Export Control reform…http://bit.ly/aiqQwI #
• I just added our #Export Management Benchmark report to my blog – check it out!
  http://bit.ly/9rQhbf #

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