Print PDF

Practice Areas

Export Privileges Suspended for Attempted Sale of Aircraft to Iran

Monday, January 25, 2016
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued a temporary denial order suspending the export privileges of five parties in the United Kingdom and The Gambia who are attempting to sell two U.S.-origin aircraft to an Iranian airline placed on the Specially Designated Nationals and Blocked Persons List in 2014 for its support for terrorism. TDOs deny export privileges for a renewable 180-day period to prevent an imminent or ongoing export control violation and cut off not only the right to export from the U.S. but also the right to receive or participate in exports from the U.S.

BIS notes that because the Iranian airline remains on the SDN list it is ineligible for a new policy announced Jan. 16 that allows U.S. and non-U.S. persons to request specific authorization to engage in transactions for the sale of commercial passenger aircraft and related parts and services to Iran exclusively for civil passenger aviation end uses.

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines