Export Privileges Suspended for Unlicensed Shipments to China
The Bureau of Industry and Security has issued an order suspending for ten years the export privileges of an individual convicted of knowingly and willfully exporting carbon fiber to China without the required BIS licenses. The man was previously sentenced to 36 months in prison and a $100 assessment.
As a result, until Aug. 31, 2027, neither this man nor anyone on his behalf may directly or indirectly participate in any way in any transaction involving any commodity, software, or technology exported or to be exported from the U.S. that is subject to the Export Administration Regulations. BIS is also revoking all export licenses in which this man had an interest at the time of his conviction.