Where Industry and Security Intersect
What's New | Sitemap | Search
WASHINGTON -- The U.S. Department of Commerce Department's Bureau of Export Administration today fined Perry Equipment Corporation, a Texas drilling equipment manufacturer, $6,000 to settle allegations that Perry committed twelve violations of the antiboycott provisions of the Export Administration Regulations, Assistant Secretary of Export Enforcement, F. Amanda DeBusk, announced.
The Department of Commerce alleged that Perry failed to report, within the time period prescribed by the Regulations, its receipt of twelve requests to engage in a restrictive trade practice or boycott between April and August 1997. Eleven of the requests, which prohibited the importation of goods made in Israel, were from Pakistan. One of the requests, from the United Arab Emirates, required the shipper to strictly observe all regulations and instructions by the League of Arab States regarding the League's boycott of Israel.
While neither admitting nor denying the allegations, Perry agreed to pay the civil penalty. Perry voluntarily disclosed the transactions that led to the allegations and fully cooperated with the investigation.
The antiboycott provisions prohibit U.S. companies and individuals from complying with certain aspects of unsanctioned foreign boycotts against any country friendly to the United States that is not itself the object of any U.S. boycott. Through its Office of Antiboycott Compliance, the Commerce Department investigates alleged violations, provides support in administrative or criminal litigation of cases, and prepares cases for settlement.
In April of 2002 the Bureau of Export Administration (BXA) changed its name to the Bureau of Industry and Security(BIS). For historical purposes we have not changed the references to BXA in the legacy documents found in the Archived Press and Public Information.