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Anti-boycott compliance remains key to UAE business deals

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Howard Weissman (August 9, 2021 5:52pm ET) – In September 2020, the United Arab Emirates, Israel and the United States signed the Abraham Accords, establishing diplomatic and commercial relations between the UAE and Israel . In August 2020, the UAE issued Federal Decree No. 4 of 2020, formally ending its participation in the Arab boycott of Israel.

As a result, the US Department of Commerce’s Bureau of Industry and Security has amended the anti-boycott provisions set forth in Part 760 of the Export Administration Regulations (EAR).[1] Supplement No. 17 to EAR Part 760, issued on June 9, clarifies the Commerce Department’s position that certain requirements…

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