Understanding Re-Exports and Why They Matter скачать в хорошем качестве

Understanding Re-Exports and Why They Matter

Ask anyone on the street what an export is, and most people will probably give you a good answer. But if you ask them to define re-export? Things might get a bit more confusing. This video explains what re-exporting means, why it's important for exporters and how it affects your business. ********** Try our Product Classification Software for free: https://www.shippingsolutions.com/int... Free guide, How to Determine if You Need an Export License: https://www.shippingsolutions.com/whi... Get a Free Demo of Shipping Solutions: https://www.shippingsolutions.com/dem... Export Controls Software free trial: https://www.shippingsolutions.com/int... Find 100s of articles about exporting on Passages: The International Trade Blog: https://www.shippingsolutions.com/blog Free guide, What You Need to Know About Export Compliance: https://www.shippingsolutions.com/whi... ********** According to the U.S. Bureau of Industry and Security (BIS), a re-export is the shipment or transmission of an item subject to the Export Administration Regulations, or EAR, from one foreign country to another foreign country. In simple terms, it’s when you take something of U.S. origin and move it from one country to another. But it's not just about physical goods. re-exports can also apply to the release of technology or software to a foreign national in another country. So, if your item needed an export license from the U.S. to Country A, it will still need a license to be re-exported to Country B. Here are some important facts you need to know about re-exports. Your re-export is subject to the EAR if it’s of U.S. origin, wherever it’s located—unless it's controlled by another U.S. agency or is publicly available technology, except for encryption. So, if you're dealing with U.S.-origin parts or components, this applies to you. For foreign companies that incorporate U.S.-origin parts into a finished product, there are a few steps you must take: —First, classify the U.S.-origin parts according to the EAR classification system. —Next, determine if these parts are 'controlled content' and if they require a license to be re-exported. —Finally, figure out if the U.S.-controlled content is greater than 25% of your finished product’s value. This is where the de minimis rule comes into play. The de minimis rule is key for determining if your product is subject to U.S. export regulations. The rule says that if controlled U.S. content in your foreign-made product exceeds: —10% for countries like Cuba, North Korea, Syria, Sudan and Iran, —Or 25% for all other destinations, your product will be subject to the EAR and you’ll need to classify and potentially license it. If the U.S.-controlled content in your product is below these percentages, you qualify for the de minimis exception, and your product isn’t subject to the EAR. If the U.S. content in your product exceeds the threshold, follow these steps: —Classify your product. —Determine its Export Control Classification Number, or ECCN. —See if there’s a license exception. —And, if necessary, obtain authorization before re-exporting. Tools like Shipping Solutions’ Product Classification Software can help simplify this process by finding the correct ECCN for your product, ensuring compliance and streamlining your export process. There’s a link to a free trial below. *************** Chapters 00:00 Introduction 00:45 What Is a Re-Export? 01:28 Important Re-Export Facts 02:21 Understanding the De Minimis Rule 02:58 What to Do if You Exceed the De Minimis Threshold 03:31 More Information About Re-Exports *************** Subscribe to this channel for more practical advice for exporters and importers.    / @shippingsolutions   ************** #exportdocumentationsoftware #exportdocuments #usexportinghelp #usexportdocuments #restrictedpartyscreening #exportcompliance #compliance #productclassification #ITAR #DDTC #restrictedpartyscreening #OFAC #exportlicense #exportlicence #reexport