The purpose of this course is to review compliance issues for international trade. Since 9/11, import controls have been steadily increased by Homeland Security, CBP, the FDA and other Federal agencies. Additionally, since the recent transfer of responsibility for export regulation from the U.S. Department of Census to CBP, export controls present a greater obstacle for U.S. businesses than in other nations, despite Government policy to increase exports through the National Export Initiative. To provide an understanding of these challenges to trade, this course shall provide an overview of these key issues;

? Regulatory rules for both imports and export, to and from the United States. Proposed reforms to export controls will also be reviewed.

? Security issues arising from current U.S. Government policies will be explored, with specific reference to the Bureau of Industry & Security as well as other Federal agencies, including the Department of Defense, State Department and U.S. Department of the Treasury.

? Best practices for internal corporate controls to ensure compliance will be discussed in the context of international commercial transactions. For the purpose of enabling a successful trade transaction, the merits of comparative risk mitigation approaches to compliance will be analyzed.