GovCon & Trade

MARCH 13, 2024

BIS reached an administrative settlement with CargoSave, a freight shipper, which seems to have been granted “credit” for assisting in an investigation of a third party. Also, a UK citizen was sentenced to 18 months in prison for conspiring to export U.S.-origin origin equipment and technology to Iran.

Export 130

Export Freight Contract IT 130

Government Contracts

FEBRUARY 13, 2024

Freight forwarders and other nonprincipal parties involved in global cargo movement should follow the guidance in the multi-agency know-your-cargo compliance note to avoid enforcement actions should they fail to spot evasive tactics used in supply chains to circumvent U.S. sanctions and export controls, say attorneys at Venable.

Freight 40

Freight Supply Chain Export 40

Import and Trade Remedies

APRIL 25, 2024

Additionally, USTR invoked its authority to investigate restrictions to US commerce that include the provision of subsidies for the construction of vessels used in the commercial transportation by water of goods between foreign countries and the United States.

Export 45

Export Logistics Freight Capacity 45

Procurement Notes

MARCH 16, 2023

And, “[t]he four components of gross domestic product are personal consumption, business investment, government spending, and net exports.” [28] This is because BEA is responsible for calculating the gross domestic product (“GDP”). 29] “It’s similar to the Bureau of Labor Statistics’ consumer price index for urban consumers.” [30]

Government Contracts 40

Government Contracts Government Government Contract 40