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News Brief

August 17, 1977
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The U.S. Department of Commerce said Tuesday that Hercules, Inc., the chemical company, has paid a $1000 fine to the U.S. Treasury for violations two years ago of the Export Administration Act involving the Arab boycott provisions. Hercules had failed to report three instances of boycott-related requests dealing with registering some patents in Iraq. The violations were regarded as “unintentional” and the company took steps to “nullify the discriminatory act,” Commerce officials said. Hercules is currently in compliance with the U.S. boycott regulations.

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