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Division
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Investment and Export
PO Box 7970
Madison, WI 53707-7970
USA
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Vol.
8 #1, September 2008
Keeping Up-To-Date with Foreign Trade Regulations
The U.S. Census Bureau has published a useful on-line guide to the
Foreign Trade Regulations (FTR) that may help to answer many
"technical" questions related to the export process. The guide is
especially helpful in understanding rules and requirements under the
Electronic Export Information filing system that has replaced paper
copy Shipper's Export Declarations.
The 90-day implementation period for mandatory electronic filing of
export information is scheduled to expire September 30, 2008. At
that point, civil and criminal penalties from $1,100 to $10,000 may be
imposed for delayed filing, failure to file, false filing, and use of
AES to further any illegal activity. Additionally, the new
timeframe for providing the filing information to export carriers or
pipeline operators will be:
- Vessel Cargo - 24 hours prior to loading
- Air Cargo - 2 Hours Prior to scheduled departure
- Truck Cargo - 1 hour prior to arrival at U.S. border
- Rail Cargo - 2 hours prior to arrival at U.S. border
- Pipeline Exports - within 4 days of the end of the month
- Mail and Others - 2 hours prior to exportation
- Post-Departure - no later than 10 days from export
It is important that exporters understand the new requirements in order
to avoid penalties and seizure of products. AESDirect is a free
Internet-based application for companies that register on-line at
http://www.aesdirect.gov. To view the new foreign trade
guidelines on the web or to print out a paper copy, go to http://www.census.gov/foreign-trade/regulations/regs/flipper/index.html.
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