The Ex-Im Bank received an appllication for a loan or financial guarantee in excess of $100 million, according to a Federal Register notice. The loan will support the export of U.S.-made Boeing 737 aircraft to Mexico, the notice said. Comments on the application may be submitted at www.regulations.gov. by entering the heading EIB-2013-0013.
The Ex-Im Bank has received a $115 million direct loan application to support the export of about $100 million of vehicle assembly equipment to India, according to a Federal Register notice. The exports will allow the Indian company to produce about 330,000 vehicles per year, the majority of which will be sold in India, the notice said. Comments are due by March 7 to economic.impact@exim.gov or to 811 Vermont Avenue NW, Room 442, Washington, DC 20571.
The State Department Directorate of Defense Trade Controls is seeking comments on Information Collection: Export Declaration of Defense Technical Data or Services, it said in a Federal Register notice scheduled for Feb. 20. Comments are due April to Nicholas Memos, via www.regulations.gov, via memosni@state.gov, or at Nicholas Memos, SA-1, 12th Floor, Directorate of Defense Trade Controls, Bureau of Political-Military Affairs, U.S. Department of State, Washington, D.C. 20522-0112. Further information: Nicholas Memos, 202-663-2829 or memosni@state.gov. The DDTC estimated an average of 30 minutes to fill out Form DS-4071, and an estimated number of responses of 18,000.
The Census Bureau and U.S. Commercial Service-South Florida are holding two Automated Export System compliance seminars in Ft. Lauderdale, Fla. March 5-8. A Spanish-language seminar March 5-6 (here) will be followed by an English-language version March 7-8 (here). On the first day of each seminar, Census officials will cover the filing requirements of the Foreign Trade Regulations, commodity classification in Schedule B, and AES. On the second day, an AESPcLink Workshop will be offered. Both seminars will be held at NOVA Southeastern University.
The Export-Import Bank of the U.S. said it received an application for a $500 million direct loan to support the $325 million export of U.S. mining equipment and services to mine copper concentrate in Mongolia, in a Federal Register notice scheduled for Feb. 20. It said the foreign buyer's concentrate output will mainly be sold to smelters in China. Comments can be submitted to economic.impact@exim.gov or by mail to 811 Vermont Avenue, NW, Room 442, Washington, DC 20571 by March 6, it said.
U.S. policy on economic sanctions against countries like Iran "has created enormous uncertainty in the exporting community and among banks," said Bill Reinsch, president of the National Foreign Trade Council, in a speech at the Georgetown University Law Center Feb. 14. He said companies with export licenses to such countries "find it difficult to obtain financing for their exports because banks find it easier to avoid all transactions with Iran rather than trying to distinguish between the 'good' ones and the 'bad' ones, even though the former are documented with a government license."
The Bureau of Industry and Security said its Transportation and Related Equipment Technical Advisory Committee scheduled a partially open meeting March 7 in Washington, D.C. The committee advises the Office of the Assistant Secretary for Export Administration on technical questions that affect the level of export controls applicable to transportation and related equipment or technology. During the open session, the committee will hear status reports by working group chairs. The open session will be accessible via teleconference to 20 participants on a first come, first served basis. Requests to join the conference are due by Feb. 28 to Yvette Springer at Yvette.Springer@bis.doc.gov. A limited number of seats will also be available during the public session.
The board of the Export-Import Bank of the U.S. agreed to guarantee a loan of more than $500 million provided by Apple Bank for Savings to OJSC VEB Leasing of Moscow for the export of a fleet of Boeing 777 aircraft to Russia to be operated by Aeroflot Russian Airlines (Aeroflot). Boeing delivered the first of the aircraft earlier this month, Ex-Im said.
The Bureau of Industry and Security posted its order denying the export privileges of Connor Hayden Kraegel. BIS had sent out a notification Feb. 12 on Kraegel’s addition to the Denied Persons List without providing details. According to the denial order, Kraegel was convicted in 2011 of exporting a set of AN/AVS-6 night vision goggles without the required State Department authorization. The goggles were articles on the U.S. Munitions List. Kraegel’s export denial order is in effect until Aug. 24, 2021.
The Export Import Bank of the U.S. seeks comment on proposed information collection forms, as required by the Paperwork Reduction Act of 1995.