Where Industry and Security Intersect
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WASHINGTON -- The Commerce Department imposed a civil penalty of $25,000 on Samsonite Corporation, a Denver, Colorado luggage manufacturer, for alleged violations of the antiboycott provisions of the Export Administration Act and Regulations, Frank W. Deliberti, acting Assistant Secretary for Export Enforcement, announced today.
The Department alleged that between June 1992 and September 1993, Samsonite failed, on ten occasions, to report to the Department its receipt of boycott-related requests from Kuwait and Pakistan, as required by the Regulations. While neither admitting nor denying the violations, Samsonite agreed to pay a $25,000 civil penalty for the violations.
U.S. companies and individuals are required to report promptly to the Department each boycott-related request they receive.
The antiboycott provisions of the Export Administration Act and Regulations apply to foreign boycotts fostered or imposed against a country which is friendly to the United States and which is not itself the object of any form of a boycott under United States law or regulation.
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.