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Exporting Best Practices - Essay Example

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The BIS (Bureau of Industry and Security) is mandated with the formulation, execution and interpretation of United States export control strategy for dual use products, technology, and software. Dual use items subject to the Bureau of Industry and Security regulatory control…
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Exporting Best Practices
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Exporting Best Practices Exporting Best Practices The BIS (Bureau of Industry and Security) is man d with the formulation, execution and interpretation of United States export control strategy for dual use products, technology, and software. Dual use items subject to the Bureau of Industry and Security regulatory control have principally commercial utilization, but also have martial applications. There are various categories of dual use items as outlined in the Commerce Control List. The dual use item is nuclear reactors, under the category of Nuclear Materials, Equipment and Facilities and Miscellaneous Items.
These are reactors capable of operating in order to sustain a managed, self-sustaining fission sequence reaction, and components and equipment specifically designed for use in relation with a nuclear reactor. Computers are another category of dual use commodities. Items included are high performance computers and specifically designed associated equipment, electronic assemblies and parts. These computers may include systolic array computers, optical computers and neural computers, digital computers and analog computers (Bureau of Industry and Security, 2012).
The most excellent way of incorporating best exporting practices within the company and in association with freight forwarders would be to adopt and practice the best exporting practices, as outlined by the BIS. The following are the best exporting practices of dual use commodities subject to Export Administration Regulations. These practices will enable the exporter to manage the exports of nuclear reactors and computers. First, the company will pay keen attention to the Red Flags Indicators. The exporter will communicate these red flags throughout the company, to freight forwarders and foreign affiliates (Gustavus, 2012).
The information will be communicated when the exporter rejects an order placed by a foreign client on the basis of red flags. The information will also be communicated, when a freight forwarder abruptly declines to offer export services, after obtaining information that the commodities for exports are subject to United States export regulations. The exporter and its foreigner partners will seek to use only those freight forwarders, which administer excellent export administration and acquiescence programs. The company will obtain detailed information in order to know their clients, especially foreign customers. The information will enable the company to evaluate the risk of diversion and involvement in a forbidden transaction. This information will enable the company to safeguard uncontrolled and controlled items form the United States against illegal diversion (Gustavus, 2012).
When exporting and assisting the movement of uncontrolled and controlled items originating form the United States, the company will avoid shipments to unidentified third party destinations. This will be done when there is an existence of a trustworthy and long standing association with the foreign affiliates. The company and its partners will utilize information technology to the optimum, to augment detailed customer information and other due diligence procedures in combating the risks of illegal diversion. This will help in ensuring that United States computer and nuclear reactors shipments will only be received by authorized clients for approved end uses (Gustavus, 2012).
According to Gustavus (2012), when a DCS (Destination Control Statement) is lawfully needed for the export of computers or nuclear reactors, the company will provide the following. The appropriate CCL Export Control Categorization Number under Export Administration Regulations, the ultimate destination state, the deliberate end user and end use and where pertinent the final consignee. The company will provide this export information to relevant foreign transaction parties. Adopting and adhering to these practices will enable the company to manage the export of computers and nuclear reactors.
Bureau of Industry and Security. (2012). Export Administration Regulations: Commerce Control List. Washington: U.S. Department of Commerce.
Gustavus, J.D. (2012). Preventing Unlawful Diversion of U.S. Exports by Foreign Transaction
Parties: U.S. Exporters Take Heed. New York: Miller Canfield. Read More
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