Targeting Temp Imports/Exports Of Defense Articles
March 18, 2010, 10:36 AM EDT
Law360, New York (March 18, 2010, 10:36 AM EDT) -- On Feb. 5, 2010, U.S. Customs and Border Protection ("CBP") issued uniform, national procedures for the use of licenses and exemptions for temporary imports and exports of defense articles. This development is significant given the lack of uniformity among CBP ports for such procedures and the confusion in processing temporary imports and exports.
These guidelines also reinforce a November 2009 announcement made by the U.S. Department of State, Directorate of Trade Controls ("DDTC"), regarding the use of exemptions for temporary imports under the International Traffic in...