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Exporter of record
Exporter of record






exporter of record

This rule provides that when the foreign principal party expressly assumes responsibility in writing for determining license requirements and obtaining necessary authorization, that foreign party must have a U.S.

exporter of record

In a "routed export transaction," the foreign principal party in interest agrees to terms of sale that may include assuming responsibility for export licensing. With respect to routed export transactions, the rule states: forwarding agent to facilitate the export of items from the United States. A routed export transaction is where the foreign principal party in interest authorizes a U.S. BIS and the Census Bureau recognize "routed export transactions" as a subset of export transactions. In its final rule, BIS defines new terms, including "principal parties in interest" and "routed export transaction", and clarifies existing ones (notably the definition of "exporter"). In a joint Federal Register publication, the United States Department of Commerce and the Bureaus of Census and the former Bureau of Export Administration (now "BIS") clarified these roles and responsibilities. Prior to July 10, 2000, there was sometimes a lack of understanding with respect to the legal responsibilities of parties to an export transaction.

exporter of record

Routed Export Transactions Under The July 10, 2000, Federal Register Notice.According to "Incoterms 2000," the term "ex works" means that the seller's responsibility for the goods ends when the goods are placed at the disposal of the buyer at the named place of delivery on the date or within the period agreed to.īy agreeing to purchase ex works, the buyer is obligated to obtain any export license or other official authorization to carry out the export of the goods, although the seller is required to render, at the buyer's request, any assistance necessary to obtain any export license or other official authorization to carry out the export of the goods. Use of the term in a contract for the sale of goods contractually defines the roles and responsibilities of the parties. Use Of The Term "Ex Works" By Parties In International Contracts And Purchase Agreements.This is in response to many requests for advice on the responsibilities of parties in an export transaction when the foreign buyer purchases goods on an "ex works" basis. Responsibilities Of Parties In "Ex Works"








Exporter of record