Ericsson de Panama Agrees with Commerce to Pay $1.753 Million to Settle Cuban Violations

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Wednesday, August 1, 2012

Author:

Bruce Zagaris

Volume:

28

Issue:

8

Abstract:

On May 24, 2012, the U.S. Department of Commerce announced a settlement with Ericsson de Panama S.A., of Panama City, Panama concerning unauthorized transactions in violation of U.S. export control regulations concerning Cuba.[1]

[1] In the Matter of: Ericsson de Panama S.A., U.S. Department of Commerce, Bureau of Industry and Security, Order Relating to Ericsson de Panama S.A., May 24, 2012.