Sunday, December 11, 2005

Guilty in Trade Embargo Case

The USA of the District of Columbia announced this week a guilty verdict of an individual to conspiracy to violate the US trade embargo against Iran and to illegal exports to Iran. (press release).  According to this press release "[h]e faces a likely range of 97 to 121 months in prison under the federal sentencing guidelines. A co-defendant in this case was found not guilty. A third individual has charges still pending against him.

Trade embargoes exist for national security and economic concerns.  But it is particularly interesting to see that the Commerce Assistant Secretary for Export Enforcement states in this press release that:

"The embargo on Iran is an important part of our Nation's foreign policy interests. We want to do all that we can to discourage Iran's sponsorship of international terrorism and active pursuit of weapons of mass destruction. We will continue to vigorously pursue cases like this one."

In this case, the agreement pertained to supplying "forklift and tow tractor parts."


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