Blog Archives

Did you know about the Market Potential Index (MPI) tool for assessing new export markets?

Are you interested in comparing new emerging export markets for your company’s products? If so, at TSI Global Consulting we highly recommend that you check out the GlobalEdge Market Potential Index (MPI). This index created by the Michigan State University Center for International Business evaluates 87 countries through the use of eight weighted “dimensions” (i.e. market size, market intensity, market growth rate, market consumption capacity, commercial infrastructure, market receptivity, economic freedom, and country risk) with each dimension evaluated on a scale of 1 to 100. A separate MPI index is calculated by industry for each the following sectors: advanced manufacturing, alternative energy, automotive, composites/lightweight materials, biosciences, chemicals, food processing, land […]

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USTR Seeks Comment on Alleged Chinese Export Subsidy Scheme for Industrial Clusters

In today’s Federal Register (March 27, 2015) the Office of the US Trade Representative published a request for comments from private industry with regard to an alleged export subsidy provided to select industries by the People’s Republic of China. On February 11, 2015, the USTR requested consultations with the Chinese government under the World Trade Organization (WTO) concerning export contingent subsidies under a program that involves “Foreign Trade Transformation and Upgrading Demonstration Bases.” Through the formation of industrial clusters, firms in textiles, light industry, agriculture, medical products, special chemical engineering, new materials and hardware and building materials are alleged to be eligible to receive cash grants as well as free […]

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OFAC removes “out of date” names from SDN List—And it only took 26 years!

On Tuesday, March 24th the Office of Foreign Assets Control (OFAC) announced on its website that it had removed 45 companies and individuals from the Specially Designated Nationals List. OFAC officially announced the delisting was performed in an attempt to eliminate out-of-date entities related to Cuba sanctions that had, over the years, been placed on the SDN list. Indeed, according to Reuters, the term out-of-date seems to be just a bit of an understatement. Included on the list was Amado Padron, a Cuban who was executed by firing squad in Cuba 26 years ago in 1989! In fact the entities delisted included four people who had previously died, along with […]

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BIS Revises Required Support Documentation for Export Licenses under Part 748 of the EAR

In a final rule published in the Federal Register on Friday, March 13th [80 FR 13212] the Bureau of Industry and Security revised the requirements for support documentation to accompany license applications under Part 748 of the EAR. Most notably, the new rule (effective as of March 13, 2015) removes the requirement for obtaining International Import Certificates or Delivery Verification on license applications. For our clients who are exporting to China, sorry but this new rule did not eliminate the need to obtain the well known “China MOFCOM” on exports in excess of $US 50,000. Most notably, this new rule eliminates the need to obtain a BIS 711 or Statement […]

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Testimonials

International Sales are a very important part of our business. Our products are subject to strict Export Control regulations, often times requiring us to obtain an export license.Trying to keep up with export compliance regulations on your own is next to impossible.   TSI Global Consulting provides us our pathway to successful Export Compliance offering fast, courteous consulting services with a very high degree of professionalism. Thank you Jonathan Fink for all you do to make export compliance easy. It gives us the peace of mind we are doing the right thing.
Centroid Corporation