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UAE Company Gets $40,000 Fine, Suspension of Export Privileges for Shipments to Iran

Wednesday, August 20, 2014
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued an order penalizing a freight and cargo services company based in the United Arab Emirates for three violations of the Export Administration Regulations in connection with the export to Iran through the UAE, via an Iranian airline subject to a BIS temporary denial order, of approximately 2,300 computer motherboards. Penalties include a $40,000 civil penalty and a denial of export privileges for seven years, though the latter five years will be suspended and then waived if the company pays the fine and commits no further export violations. BIS notes that any person, firm, corporation or business organization related to the UAE company by affiliation, ownership, control or position of responsibility in the conduct of trade or related services may also be made subject to the provisions of this order.

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