North Kansas City company settles charge related to boycott of Israel
By DAN MARGOLIES
The Kansas City Star
Cook Composites and Polymers Co. has agreed to pay a $6,000 fine to settle charges that it violated Commerce Department regulations aimed at countering the Arab boycott of Israel.
...The settlement with the Commerce Department came after the Bush administration in November warned U.S. companies not to heed calls to boycott Israeli goods and services. The warning followed a call by the 22-member Arab League to reactivate its decades-long boycott of Israel.
In a statement released at the time by the department, Commerce Undersecretary for Industry and Security Kenneth Juster reminded American companies that the "U.S. government is strongly opposed to restrictive trade practices or boycotts targeted against Israel."
Knowing violators of the anti-boycott provisions face fines of up to $50,000, or five times the value of the exports at issue, and possible imprisonment. Offenders can also be denied export privileges.Posted by ghbrett at August 13, 2003 07:32 AM