(BBC) - "The Commerce Department is closely monitoring efforts that appear to be made to reinvigorate the Arab boycott of Israel and will use all of its resources to vigorously enforce U.S. anti-boycott regulations," said Undersecretary of Commerce for Industry and Security Kenneth Juster. U.S. laws ban the participation by U.S. nationals and companies in unsanctioned foreign government trade boycotts, especially the Arab League's boycott of Israel. The Department of Commerce has issued more than $26m in fines and turned down export licenses to those found violating the law.
2002-11-06 00:00:00Full ArticleBACK Visit the Daily Alert Archive