Sunday, January 25, 2009

"..In an effort to prevent powerboat containing US components from being used by the Iran Revolutionary Guards.."

(incidentally, this looks like one heck of a boat!)... In the International Trade Law News, here, via W&P
"...In an interesting and unusual development, last Thursday the U.S. Commerce Department’s Bureau of Industry and Security (BIS) issued a Temporary Denial Order (TDO) in an effort to prevent a powerboat containing U.S. engines and other components from being reexported from South Africa to Iran for possible use by the Iranian Revolutionary Guard Corps navy. Because the powerboat can reportedly reach speeds of up to 65 knots BIS has concerns that the boat will be used by the IRGC navy as a fast-attack craft to mount surprise attacks. BIS noted that similar vessels have been armed with torpedoes, rocket launchers and anti-ship missiles..."

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