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Miscellaneous

Import Export Definitions


Other Party Authorized to Receive License

The person authorized by the applicant to receive the license. If a person and address is listed in Block 15 of the BXA-748P Multipurpose Application Form, the Bureau of Export Administration will send the license to that person instead of the applicant. Designation of another party to receive the license does not alter the responsibilities of the applicant, licensee or exporter.

Overseas Private Investment Corporation

OPIC is a government corporation which assists U.S. private investments in less developed nations. These investments may include distributorships owned by U.S. manufacturers which are consistent with the economic interests of both the United States and the developing country involved.

Packing List

A list showing the number and kinds of items being shipped as well as other information needed for transportation purposes.

Parcel Post Receipt

The postal authorities’ signed acknowledgement of delivery to them of a shipment made by parcel post.

Period of Investigation

The period, usually 6 months, beginning at least 150 days before and continuing 30 days after the first day of the month when an antidumping petition is filed, during which an exporter’s home market (or third country) and United States prices and other appropriate facts are investigated to determine whether sales to the United States have been at less than fair value.

Phytosanitary Inspection Certificate

A certificate, issued by the U.S. Department of Agriculture, to satisfy import regulations of foreign countries, indicating that a U.S. shipment has been inspected and is free from harmful pests and plant diseases.

Port of Export

Port of Export is the Customs port at which, or nearest to which, the land surface carrier transporting the merchandise crosses the border of the United States into foreign territory or, in the case of exportation by vessel or air, the Customs port where the merchandise is loaded on the vessel or aircraft which is to carry the merchandise to a foreign country or to a non-foreign area of ultimate destination.

Post-Shipment Verifications (PSVs)

PSVs conducted to determine that a commodity is being used for the purposes for which its export was licensed. Firms or individuals representing the end user, intermediate consignees, or the purchaser may be subject to inquiries pertaining to the post-shipment verification. As part of the PSV process, BXA forwards a cable to the U.S. embassy or consulate in the respective geographic location to conduct an on-site inspection to ensure that the commodity is physically present and used as stated in the application. Post-shipment verifications are usually conducted six-to-eight months subsequent to export of the commodity.

Power of Attorney (Formal)

A legal authorization from a principal party in interest to a forwarding agent to act on their behalf to facilitate the export of merchandise out of the United States; specifies the responsibilities to be carried out in accordance with U.S. laws and regulations.

Pre-License Checks

PLCs are conducted to determine that a request for a license to export a controlled commodity represents a legitimate order. Firms or individuals representing the licensee (the applicant), a consignee, the purchaser, an intermediate consignee, or the end user may be subject to inquiries pertaining to the pre-license check. As part of the process, BXA forwards a cable to the U.S. embassy or consulate in the respective geographical location to conduct an inspection or meet with company representatives to conduct inquiries on BXA’s behalf.

Preliminary Determination

The dumping determination by the International Trade Administration announcing the results of the investigation conducted within 160 days (or, in extraordinarily complicated cases, 210 days) after a petition is filed or an investigation is self-initiated by the International Trade Administration. If the International Trade Administration determines that there is a reasonable basis to believe or suspect that the merchandise under consideration is being sold or is likely to be sold at less than fair value, liquidation of all affected entries is suspended, and the matter is referred to the International Trade Commission. “Preliminary determination” also refers to the decision by the ITC where there is a reasonable indication that an industry in the United States is materially injured, or threatened with material injury, or the establishment of an industry in the United States is materially retarded by reason of the imports of the merchandise which is the subject of the petition. The ITC must make its decision within 45 days after the date on which the petition is filed or an investigation is self-initiated by the International Trade Administration. If this determination is negative, the investigation is terminated.

President’s Export Council

The President’s Export Council (PEC) advises the President on government policies and programs that affect U.S. trade performance; promote export expansion; and provide a forum for discussing and resolving trade-related problems among the business, industrial, agricultural, labor and government sectors. The council was established by Executive Order of the President in 1973 and was originally composed only of business executives. The Council was reconstituted in 1979 to include leaders of the labor and agricultural communities, Congress, and the Executive branch. Twenty-eight private sector members serve “at the pleasure of the President” with no set term of office. Other members include five U.S. Senators and five Members of the House, the Secretaries of Agriculture, Commerce, Labor, State, and Treasury, the Chairman of the Export-Import Bank, and U.S. Trade Representative. The Council reports to the President through the Secretary of Commerce.

Principal Parties in Interest

Those persons in a transaction that receive the primary benefit, monetary or otherwise, of the transaction. Generally, the principals in a transaction are the seller and the buyer. In most cases, a forwarding or other agent is not a principal party in interest.

Private Export Funding Corporation

PEFCO works with Eximbank in using private capital to finance U.S. exports. PEFCO acts as a supplemental lender to traditional commercial banking sources by making loans to public and private borrowers located outside of the United States who require medium and/or longer-term financing of their purchases of U.S. goods and services.

Product Groups

Commodity groupings used for export control purposes. See: Export Control Classification Number.

Profit

For the purposes of constructed value in an antidumping duty investigation or review, the profit used is the profit normally earned by a producer, from the country of export, of the same or similar product as that under investigation. By statute, the amount of profit shall not be less than 8 percent of the sum of general expenses and cost.

Pro Forma Invoice

An invoice provided by a supplier prior to the shipment of merchandise, informing the buyer of the kinds and quantities of goods to be sent, their value, and important specifications (weight, size, and similar characteristics).

Project License

The Bureau of Export Administration uses the project license to authorize large-scale exports of a wide variety of commodities and technical data for specified activities. Those activities can include capital expansion, maintenance, repair or operating supplies, or the supply of materials to be used in the production of other commodities for sale.

Protective Order

With regard to antidumping cases, a term for the order under which most business proprietary information is made available an attorney or other representative of a party to the proceeding.

Protest System

The Protest System, a part of Customs’ Automated Commercial System, tracks protests from the date they are received through final action. A protest is the legal means by which an importer, consignee, or other designated part may challenge decisions made by a District Director of Customs.

  • Ambassadors-at-large have a higher rank than a regular ambassador and are higher ranked on protocol than the head of the CIA;
  • The Deputy Chief of Mission, almost always a career officer, has the personal rank of minister which is one rank down from Ambassador;
  • The rank of Minister-Counselor is just a step below Minister;
  • The Deputy Principal Officer is a position at large consulates;
  • The Charge d’Affairs may either be acting, or indefinite, and is regarded as the acting Ambassador when the Ambassador is out of the country or when, for political reasons, an Ambassador is not appointed to a country;
  • An Attache may be either fairly high or fairly low; in terms of rank an attache can be anything; a military attache is of at least medium rank, but the military holds no diplomatic rank;
  • A consulate is not a diplomatic mission, nor is it autonomous; it is established at international organizations (such as USEC or NATO) or is used for reasons of diplomatic snobbery or pique.
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