To: steve kammerer who wrote (12588 ) 9/4/2006 7:35:11 PM From: 49thMIMOMander Respond to of 22250 In 1977, the US Congress passed a law creating the Office of Antiboycott Compliance within the Department of Commerce to make sure that the Arab boycott of Israel does not take root in the US. Such actions would create de facto foreign policy; an area that Congress affirmed is under its jurisdiction. The law established that no US persons may take actions in support of an unsanctioned foreign boycott of a nation that is friendly to the United States. The law mainly applies to Israel, and as a result, nobody in the US may engage in a boycott of Israel in support of the Arab boycott of Israel. boycottwatch.org August 1, 2004 Over the past two years, a campus based divest-from-Israel campaign has begun to get universities to halt all investments and educational joint projects with Israel. In November, 2003, Boycott Watch wrote a letter to the Office of Antiboycott Compliance detailing how the divest-from-Israel campaign was indeed created as a boycott in support of the Arab boycott of Israel and that the boycott was intended to spread outside of universities. The Boycott Watch letter also detailed that the originator of the divest-from-Israel campaign was in fact a consultant to Yassir Arafat's Palestinian Authority, which is part of the Arab League, and a signatory to the Arab boycott of Israel, thus proving that the divest-from-Israel campaign is indeed a direct function of the Arab boycott of Israel. etc..search.yahoo.com for example: OAC settles Indian bank case. (Office of Antiboycott Compliance, Bank of Baroda) This premium article is available to Full Members. Take a free, 7-day trial for full access. | From: Israel Business Today | Date: January 8, 1993 | More results for: Office of Antiboycott See more articles from Israel Business Today The U.S. Office of Antiboycott Compliance (OAC) has settled its case against the New York branch of the Bank of Baroda by imposing a penalty of $502,000, of which, however, $227,000 was at once suspended. The Bank of Baroda is one of Indias largest banks. This is the largest penalty assessed on any bank since the anti-boycott law was enacted in 1977. In the Baroda case, there were 87 alleged violations. OAC had charged that between 1986 and 1989, the N.Y. branch of Baroda implemented 41 letters of credit containing boycott-related conditions, such as a prohibition against dealing ...