Commerce Slaps Export Ban Over Aircraft Equipment Sales to Iran
The Commerce Department slapped a ten-year ban on export privileges for Mohammad Hakin Hashemi for exporting aircraft parts from the U.S. to Iran without a go ahead from the Treasury Department’s Office of Foreign Assets Controls (here). The ban takes effect retroactively on Dec. 16, 2013, the date of Hashemi’s conviction in a California district court. Commerce revoked all licenses granted to Hashemi at the time of his conviction. Hashemi is also barred from any involvement in U.S. export activity. BIS said Hashemi's last known address is in London.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
(Federal Register 11/12/14)