The New Foreign-Direct Product Rule for Third-Country Exports to Russia
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The New Foreign-Direct Product Rule for Third-Country Exports to Russia

Sanctions imposed on Russia by the BIS The February 24 sanctions imposed on Russia by the BIS have put in place a vastly expanded definition of the foreign-direct product rule, which will pose significant compliance challenges. In the following transcript George Thompson details which products are affected by the new rule and how it will…

The Unverified List: What it Means to Exporters, Re Exporters, and In-Country Transferors
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The Unverified List: What it Means to Exporters, Re Exporters, and In-Country Transferors

The Unverified List The Commerce Department’s listing of foreign companies subject to restrictions on all items included in the Export Administration Regulations, has received increased attention as a result of the recent addition of 33 Chinese industrial and technology companies to the list. The following transcript from George Thompson‘s video, explains what the Unverified List…