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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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In addition to its role in enforcing U.S. export control laws, the Department of Commerce&rsquo;s Bureau of Industry and Security (BIS) is charged with administering and enforcing the antiboycott laws under the Export Administration Act. These antiboycott laws were adopted to encourage and, in some circumstances, require U.S. companies to refuse to participate in foreign boycotts that the United States government does not sanction. According to BIS, the laws &ldquo;have the effect of preventing U.S. firms from being used to implement foreign policies of other nations which run counter to U.S. policy.&rdquo; Together, the Department of the Treasury (via the 1976 Tax Reform Act) and BIS&rsquo;s <a href="https://www.bis.doc.gov/index.php/enforcement/oac" target="_blank" rel="noopener noreferrer">Office of Antiboycott Compliance</a> have oversight as to efforts to counteract the participation of U.S. persons and companies in other countries&rsquo; economic boycotts or embargoes.
Semi-annually, Treasury releases a notice to the public of countries that require or may require participation in, or cooperation with, an international boycott. In a <a href="https://www.govinfo.gov/content/pkg/FR-2020-04-09/pdf/2020-07513.pdf" target="_blank" rel="noopener noreferrer">Federal Register notice</a> of April 9, 2020, the following countries were identified:
<ul>
<li>Iraq</li>
<li>Kuwait</li>
<li>Lebanon</li>
<li>Libya</li>
<li>Qatar</li>
<li>Saudi Arabia</li>
<li>Syria</li>
<li>United Arab Emirates</li>
<li>Yemen</li>
</ul>

List of Countries Requiring Cooperation With International Boycotts