BIS Issues Antiboycott Warning Letter to Colorado Company
The Bureau of Industry and Security’s Office of Antiboycott Compliance issued a warning letter March 7 to a Colorado company, for failing to report a request to engage in a boycott of Israel. According to the letter, Particle Measuring Systems,…
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Inc., made a sale and/or transfer of goods from the U.S. to Bangladesh in 2009 and 2010. The company received letters of credit from the Standard Chartered Bank of Bangladesh which read, in part: “Shipment/transshipment of goods from Israel or in the flag vessels of that country is not allowed.” The Export Administration Regulations require U.S. entities to report such requests to the Department of Commerce. Particle Measuring Systems failed to report, the letter said.