TSA members have announced a new Bunker formula, effective August 1 - August 31, 2010:

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The Foreign Agricultural Service has announced new one-year allocations under the Dairy Export Incentive Program (DEIP) for July 2010 - June 2011. DEIP allocations of 68,201 metric tons of nonfat dry milk, 21,097 tons of butterfat, and 3,030 tons of various cheeses may be made available through Invitations for Offers. These allocations correspond to total World Trade Organization limits for this year’s DEIP. Because of current international and domestic market conditions, Invitations for Offers will not immediately be made available. USDA will continue to monitor market conditions closely to determine when invitations on these allocations may be issued.

The Wall Street Journal has a great article about the green sustainable global supply chain - specifically within the apparel industry - describing a new tool for consumers to determine how green their products are.

The US has squashed a potential free trade agreement with Taiwan over disputes concerning US beef.

US Secretary of Commerce Gary Locke discusses the Export Initiative on Fox News in the video below. Talking points include:

CSAV has announced the upcoming launch of its New Discovery Service, which will commence at the end of July. The weekly service will connect North/Central China and South Africa. The following locations will make up the ports of call: Xingang, Shanghai, Ningbo, Chiwan, Hong Kong, Singapore, Durban, and Cape Town.

New Zealand has made updates to its 2010 Tariff Schedule. The update makes changes in Customs Duty, all Preferential Duties, and Alcoholic and Liquor Advisory Council (ALAC) Levy for liquor products. The following HTS chapters are affected: 21 and 22.

In today's era of heightened security, national governments are imposing more sanctions and adding more names to "watch lists" to avoid the risks linked to terrorism and prohibited commerce. Penalties for trading with a restricted party can include fines or even loss of export privileges. Logistics providers can gain a competitive advantage by helping customers avoid this risk with an automated restricted party screening (RPS) tool.

I have added a news page. I comb the internet each day looking for the latest news about trade compliance, international trade, and trade agreements. I add them to my Google Reader which instantly updates to the Trade Compliance News page.

It appears that the National Export Initiative (NEI) is on track to fulfill the President's goal of doubling exports and creating several million jobs over the next five years. According to this press release, significant progress has already been made on the President's five main objectives:

US-ASIA
TSA members announce a new Bunker formula, effective July 1 - September 30, 2010:

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Check out Recon's new tribute video:

American Shipper is hosting an upcoming webinar, "Building an Export Management and Compliance Program." Sponsored by Management Dynamics (in partnership with BPE), the webinar will take place on July 28th at 2 pm ET. The hour-long round table discussion will include the following expert panelists:

The Treasury Department states that the Office of Foreign Assets Control announced an $860,000 settlement with Agar Corporation, Inc. (ACI), an oil field equipment company. ACI participated in the unlicensed export of oil and gas production equipment for use in Sudan, which is in violation of the Sudanese Sanctions Regulations.