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The Bureau of Industry and Security has assessed a $238,000 civil penalty against a foreign affiliate of a U.S. company to settle charges that it committed 70 violations of the anti-boycott provisions of the Export Administration Regulations. If this penalty is not paid within 30 days BIS may deny all of the affiliate’s export privileges for one year.
BIS alleged that in connection with transactions involving the sale and/or transfer of goods or services to numerous Middle Eastern countries from 2009 through 2013 this affiliate furnished information concerning its business relationships with or in a boycotted country with the intent to comply with, further, or support an unsanctioned foreign boycott. BIS notes that the affiliate voluntarily disclosed information concerning certain of its transactions.