EXPORT BASICS: DOING BUSINESS ACROSS BORDERS

Podcast

This podcast, part one of a three-part series, provides a comprehensive guide to navigating the intricacies of U.S. export compliance for aviation businesses. It highlights the crucial importance of export diversification as a growth strategy and introduces the three primary regulatory agencies involved: the Office of Foreign Asset Control, the Bureau of Industry and Security, and the Directorate of Defense Trade Controls. The podcast delves into specific aspects of Treasury Department regulations, outlining key compliance considerations related to Specially Designated Nationals (SDNs) and Country-Based Sanctions. Furthermore, it stresses the need for meticulous due diligence in every transaction, emphasizing that a company’s long-term success depends on establishing a robust compliance system.