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OFAC implements “favorable licensing policy” for export of commercial aircraft as well as commercial aircraft parts and components to Iran.

Under terms agreed to in the Joint Comprehensive Plan of Action (JCPOA) otherwise known as The Iran Nuclear Deal entered into by the Obama Administration on June 14, 2015, the Office of Foreign Assets Control announced on January 16th, 2016 that effective immediately it will adopt a favorable licensing policy for exporters seeking to export, re-export, transfer, lease or sell commercial aircraft or parts and components for commercial aircraft to Iran. While very thorough due diligence will be required to ensure that transactions are not commenced with persons listed on the Specially Designated Nationals List (SDN) or other U.S. government denied parties lists, it is indeed now possible to obtain […]

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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.
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