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Volume 16, Issue 89
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Tuesday, May 5, 2009
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BIS Fines Houston Firm $800,000 to Settle Export Allegations
According to the Bureau of Industry and Security, a Houston company that provides specialty products and services to the oil and gas industries has agreed to pay an $800,000 civil penalty to settle allegations that it exported certain butterfly and check valves in violation of the Export Administration Regulations. The allegations involved 72 unlicensed exports to a variety of countries of various service parts controlled under Export Commodity Classification Number 2B350 for reasons of chemical and biological weapons proliferation. The company voluntarily disclosed the violations and cooperated fully with the BIS investigation.
The BIS reminds exporters that exports and re-exports of dual-use commodities, technology and software can be controlled for reasons of national security, missile technology, nuclear non-proliferation, chemical and biological weapons non-proliferation, crime control, regional stability and foreign policy. Violations can be met with criminal penalties as well as administrative sanctions.
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