|FOR IMMEDIATE RELEASE||
BUREAU OF INDUSTRY AND SECURITY
|Friday, July 20, 2007
Office of Public Affairs
TEXAS COMPANY SETTLES CHARGES OF ANTIBOYCOTT VIOLATIONS
WASHINGTON -- The U.S. Department of Commerce’s Bureau of Industry and Security announced today that Dresser Incorporated (Dresser), located in Texas , has agreed to pay a $9,000 civil penalty to settle allegations that it violated the antiboycott provisions of the Export Administration Regulations (EAR).
"The Department of Commerce stands firm in its policy of opposing restrictive trade practices or unsanctioned boycotts, including against Israel . We will vigorously pursue those who violate the antiboycott regulations," said Darryl W. Jackson, assistant secretary of Commerce for Export Enforcement.
The Commerce Department’s Bureau of Industry and Security (BIS), through its Office of Antiboycott Compliance, alleged that from January 2001 through January 2004 Dresser failed to report in a timely manner its receipt of nine requests to engage in a restrictive trade practice or boycott. The company voluntarily disclosed the transactions and cooperated fully with the subsequent investigation. The transactions involved the sale of goods to Pakistan .
The antiboycott provisions of the EAR prohibit U.S. persons from complying with certain requirements of unsanctioned foreign boycotts. Additionally, the EAR requires that U.S. persons report their receipt of certain boycott requests to the Department of Commerce.