Effective trade screening not only includes denied parties but also controlled products and embargoed or sanctioned countries.
The purpose of screening the receiving parties of finished goods is to exude "due diligence" and "reasonable care" when completing transactions with foreign entities, ensuring the safety and intention of the products and importers.
With more country-specific rules being applied, countries have their own denied party lists, some of which include:[1] The U.S. government restricts all individuals or companies from exporting any service or product to any party contained in a U.S. government export denial, blocked, and debarred persons lists.
The failure to comply with the above regulation is a violation of U.S. law and can result in criminal or civil prosecution, as well as denial of export privileges.
[8] International Trade Administration (ITA), US Department of Commerce started to provide open data via API for developers.