Export Compliance
Export compliance refers to the adherence to laws and regulations governing the export of goods, services, and technology from one country to another. This includes understanding and following the rules set by agencies such as the U.S. Department of Commerce and the U.S. Department of State, which regulate what can be exported and to whom. Companies must ensure that their products do not violate any trade restrictions or sanctions.
To maintain export compliance, businesses often implement internal policies and training programs. These measures help employees recognize potential compliance issues, such as exporting to restricted countries or individuals. Proper documentation and record-keeping are also essential to demonstrate compliance during audits or inspections.