BIS's Office of Antiboycott Compliance alleged that in 2004, in connection with two letters of credit involving the sale and transfer of goods destined to Iraq that were shipped through the United Arab Emirates, Messina Inc. provided a U.S. bank two certificates signed by the agent for a vessel that attested to the vessel's eligibility to call at the port of a boycotting country.
The agency said that in doing so Messina supplied information concerning other persons known or believed to be restricted from having any business relationship with or in a boycotting country, in violation of the Export Administration Regulations' antiboycott provisions.
The EAR's antiboycott provisions prohibit U.S. persons from taking certain actions with the intent to comply with, further, or support unsanctioned foreign boycotts, including supplying information about business relationships with or in a boycotted country or with blacklisted persons.
'The Department of Commerce will continue to aggressively enforce its regulations prohibiting U.S. companies from taking any action in support of restrictive trade practices or unsanctioned boycotts,' said David Mills, assistant secretary of commerce for export enforcement, in a statement.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now