BIS recently released a Charging Letter, Settlement Agreement and Order pursuant to which pump maker Graco agreed to pay $97,000 to the Bureau of Industry and Security (“BIS”) to settle fifteen alleged violations of the Export Administration Regulations. The violations…
The Office of Foreign Assets Control (“OFAC”) published today in the Federal Register a Final Rule amending the Burmese Sanctions Regulations. The amendment adds to those regulations a new § 537.527 which overrules the regulations’ prohibition of imports of Burmese-origin…
President Bush and Prime Minister Blair today signed the “Defense Trade Cooperation Treaty” which will ease export license requirements for defense articles exported between the United States and the United Kingdom. Details of the treaty are scarce at this point…
The Office of Foreign Asset Controls (“OFAC”) today issued General License No. 7 authorizing U.S. persons “to engage in all transactions otherwise prohibited by 31 C.F.R. parts 594, 595, and 597 with the Palestinian Authority.” Obviously this General License is…
For those of you who didn’t get to go to the Paris Air Show at Le Bourget and have been left behind, like me, to swelter in the heat and humidity of late June in the District of Columbia (or…