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Practice Areas

Export Privileges Suspended for Shipment to Iran

Wednesday, January 08, 2014
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued an order suspending for 180 days the export privileges of three Turkish companies and two Turkish individuals based on evidence that they are involved in shipping two aircraft engines to Iran. This temporary denial order specifies that neither these entities nor anyone on their behalf may directly or indirectly participate in any way in any transaction involving any commodity, software or technology exported or to be exported from the U.S. that is subject to the Export Administration Regulations. BIS states that the TDO gives notice to persons and companies in the U.S. and abroad that they should cease dealing with these entities in export transactions involving items subject to the EAR.

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