Category: Export Regulations

Lasers to Iran: U.S. Export Regulations are serious business.

According to Just Anti-Corruption, U.S.-based PRC Laser has been fined $42,000 by the U.S. Commerce Department for shipping an industrial laser to Iran through a 3rd party based in Dubai. The laser itself sold for $39,000. If the material had been more sensitive, the company could have been banned from exporting its products and perhaps […]