Export Controls & Sanctions Policy
Last updated: 2025-08-20
Suppliers and buyers must comply with all applicable export, re‑export, and sanctions laws, including but not limited to the U.S. Export Administration Regulations (EAR), International Traffic in Arms Regulations (ITAR), and U.S. sanctions administered by OFAC.
1. Screening & Restricted Parties
- Do not transact with denied/restricted parties or sanctioned jurisdictions without authorization.
- Screen counterparties and end users; maintain records of screening results.
2. Classification & Licensing
- Accurately classify products (ECCN/HTS) and determine license requirements before export.
- Obtain and comply with any required export licenses or exceptions.
3. Prohibited End Uses
- No diversion to WMD, missile, nuclear, or chemical/biological weapons programs.
- No prohibited military end use/end user where applicable (e.g., certain Russia/Belarus/China restrictions).
4. Recordkeeping & Audit
- Maintain export records and compliance documentation for at least 5 years.
- Sourcible may request documentation to verify compliance.
5. Breach
Violations may result in removal of listings, account suspension, or termination, in addition to legal remedies.
6. Governing Law
Alabama law governs; venue lies in Alabama courts.
This document is provided for convenience and does not constitute legal advice.