The US' Bureau of Business and Security (BIS) has issued an anti-boycott advisory regarding Turkey that could impact on letter of credit (L/C) business written between the US and Turkey.

This follows the announcement by the Turkish government to suspend all exports to and imports from Israel until the Israeli government permits an uninterrupted and adequate flow of humanitarian aid into Gaza.

Unsanctioned foreign boycott

The advisory reminds all US persons, wherever they are located, that the export administration regulations prohibit taking certain actions in furtherance or support of an unsanctioned foreign boycott maintained by a country against a country friendly to the US and require reporting of receipt of a boycott-related request to BIS.

US companies operating in Turkey, in particular, are cautioned to be alert to their receipt of any requests to refrain from importing or exporting goods to or from Israel or to provide certification that the goods are not of Israeli origin or do not contain Israeli-origin components or materials.

L/Cs and other documents

The advisory includes a range of illustrative examples of recent boycott requests reported to the US' office of antiboycott compliance.

These examples encompass prohibited boycott conditions found in various documents, including L/Cs, as well as purchase orders, contracts, questionnaires, customs documents, certificates of origin, tenders, powers of attorney, and trademark applications.

This article represents the views of the author and not necessarily those of the ICC or Coastline Solutions.