Background

The Bureau of Industry and Security has entered into separate agreements under which a foreign concern doing business in Texas will pay more than $60,000 in civil penalties to settle charges that it violated the anti-boycott provisions of the Export Administration Regulations in connection with exports to Lebanon, Qatar, Syria and the United Arab Emirates. In each case the company was charged with (a) furnishing, with intent to comply with, further or support an unsanctioned foreign boycott, information concerning another person’s business relationships with another person who is known or believed to be restricted from having any business relationship with or in a boycotting country, and (b) failing to report to BIS its receipt of a request to engage in a restrictive trade practice or boycott. If the company does not pay either of these penalties within 30 days, BIS will deny its export privileges for one year.

Copyright © 2020 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.

ST&R: International Trade Law & Policy

Since 1977, we have set the standard for international trade lawyers and consultants, providing comprehensive and effective customs, import and export services to clients worldwide.

View Our Services 

Close

Cookie Consent

We use cookies on our website. By continuing to use our website, you agree to the Privacy Policy and Terms of Use.