The Bureau of Industry and Security reports that a U.S. company will be assessed a $200,000 civil penalty to settle charges that it violated the Export Administration Regulations by selling controlled items to Russia without the required license.
The items at issue are maritime jet boots with underwater propulsion systems, which are controlled under ECCN 8A992 and controlled in connection with exports to military end-users or for military end-uses in Russia. BIS states that the company sold these items knowing they were destined for the Russian government’s Federal Guard Service, a military end-user, and having been put on notice of the license requirement.
For more information on export compliance, please contact attorney Kristine Pirnia via email.
Copyright © 2024 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.