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New international markets present opportunities – and compliance issues

With primary sanctions still in place for Cuba and Iran, the risk of dealing with these and other countries remains high. By Gregory Husisian and Christopher Swift

The aggressive enforcement of US laws governing exports and international conduct has been amply illustrated by the continuing imposition of large penalties on multinational companies for violations of US economic sanctions and export control laws. From misconceptions of the scope of the easing sanctions to maintaining compliance in the areas of international regulations, managing these international issues on a piecemeal basis is a recipe for failure and frustration.

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