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AES (Automated
Export System) is a procedure new to most exporters.
It permits electronic filing of the information contained
in the Shippers Export Declaration, the "SED"
or "Ex-Dec." The federal government describes
AES as a "voluntary" program which is intended
to substitute electronic filing for the customary paper
filing of the SED with the US Customs Service &
the Census Bureau upon export of products from the U.S.
Of course that is only part of the story. Read Michael
R. Doram's article "What
the Devil is AES?" |
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As part
of a series of changes to the regulations requiring
exporters to furnish data, the Census Bureau has abolished
the term “US Exporter.” The Bureau decided
that it needed to “simplify” and “clarify”
the rules concerning filing of SEDs and AES export data.
It found that the term “US Exporter” was “ambiguous.”
Read Michael R. Doram's article "Census
Bureau Eliminates "Exporter." |
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Exporters
need to know that the International Chamber of Commerce
(ICC) has just published a new version of INCOTERMS
to replace the 1990 edition. As the leading internationally
accepted set of definitions for delivery terms used
in international trade, Incoterms is particularly important
for those trading with Europe. Exporters know that it
does no good whatever to offer a price quotation without
also stipulating the delivery point. Read Michael R.
Doram's article "Incoderms
2000 Now Available." |
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In
mid-November, President Clinton signed into law H.R.
5239 which re-instated the Export Administration Act
(EAA). The EAA , which governs the export licensing
of most of the goods exported from the U.S., had expired
on August 20, 1994. The renewal is only until August,
2001. Aside from the new expiration date, the provisions
of the statute are unchanged. However, this step does
have the effect re-instating the severe penalty structure
of the EAA.
Read Michael R. Doram's article "Export
Administration Act Renewed." |
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Do your
sales or pricing terms call for delivery "F.O.B.
Factory" or some inland location? Perhaps you never
concerned yourself with the export license status of
the products or whether the customer was going to re-sell
to a party identified on one of the export "blacklists."
After all, that was a matter for the customer, right?
You were not "the exporter." Furthermore,
your customer designated the freight forwarder and maybe
even the export carrier, so you could not be the "
exporter." All that is about to change! Read Michael
R. Doram's article "Commerce
Dept. Cracks Down on Ex-Factory Sales, July 2000." |
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Since 1977,
it has been illegal for an American company to pay bribes
to foreign government officials to obtain or retain
business. The federal law, the Foreign Corrupt Practices
Act ("FCPA"), also prohibits the use of a
foreign sales representative or other person to accomplish
the same goal. Read Michael R. Doram's article "News
About Bribery" on this
subject. |