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BIS Reviewing Statement by Ultimate Consignee and Purchaser

Wednesday, January 11, 2012
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security is requesting comments no later than March 12 on the proposed extension of form BIS-711, Statement by Ultimate Consignee and Purchaser. This form, or a statement on company letterhead, is required for exports to certain countries. These documents provide information on the foreign importer receiving the U.S. technology and how the technology will be utilized and thus provide assurances from the importer that the technology will not be misused, transferred or reexported in violation of the Export Administration Regulations. A copy of the statement must be submitted with the license application if the country of ultimate destination is listed in certain country groups of Supplement No. 1 to part 740 of the EAR.

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