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New Jersey Company Fined for Anti-Boycott Violations

Thursday, January 08, 2015
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued an order imposing a $12,800 civil penalty against a New Jersey company to settle charges that it committed six violations of the anti-boycott regulations in connection with shipments to the United Arab Emirates. Specifically, BIS alleged that this company furnished information about business relationships with boycotted persons or blacklisted persons and failed to report the receipt of requests to engage in a restrictive trade practice or foreign boycott against a country friendly to the U.S. BIS notes that if the penalty is not paid in a timely manner it may deny all of the company’s export privileges for one year.

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