Posted on 09/20/2015 4:02:49 PM PDT by jimbo123
All known sales of HP’s products into Iran involved sales by Hewlett-Packard Europe B.V., a Dutch subsidiary, through its Meyrin Branch located in Geneva, Switzerland (“The Meyrin Branch”), which is responsible for sales of HP printers and related parts and supplies (e.g., ink and toner) throughout the Middle East and Africa. During the past several years, The Meyrin Branch has sold printers and related parts and supplies to third-party distributors based in the United Arab Emirates, including Redington Gulf FZE (“Redington Gulf”), Almasa IT Distribution FCZO and Emitac Distribution LLC within a number of Middle East and African countries. These distributors have sold a limited range of those printer products and supplies for redistribution into Iran. The Meyrin Branch has also entered into sales and service, authorized service delivery, consumable and supply and replacement parts agreements with Redington Gulf and the other distributors that cover those same countries.
The products that have been sold by The Meyrin Branch to Redington Gulf and the other distributors were limited to printers and printer supplies that were authorized for redistribution into Iran under the Export Administration Regulations (the “EAR”) administered by the Department. More specifically, substantially all of the printers authorized for distribution were EAR 99 Products, while two products were classifiable under Export Commodity Classification Number 5A992. Thus, there are no restrictions against the redistribution of these products into Iran under Departmental licensing requirements for that country. In addition, neither the Dutch subsidiary nor The Meyrin Branch is a “United States person” within the meaning of section 560.314 of the Iranian Transaction Regulations as administered by the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of the Treasury. Thus, the regulations administered by OFAC are not applicable to the sales of products by The Meyrin Branch to Redington Gulf and the other distributors authorized to sell for redistribution into Iran.
Recently, The Meyrin Branch has taken steps to terminate existing agreements with Redington Gulf and the other distributors with the objective being the cessation of sales of printers and printer supplies to such distributors insofar as they may involve redistribution of such printers and printer supplies into Iran. Redington Gulf will continue to be authorized to sell HP products in certain other countries in the Middle East and Africa.
Chris, Chris, Chris.....you’re supposed to be nice to her until Trump is gone. Then go after her so we can have Yeb. Don’t you read your memos?
Once you know that you can see thru her entire ACT.
Just like Mr. living-in-a-fool’s-paradise Obama, who learned about every bad thing that happened by reading it in the paper the next day.
She’s guilty because she is running against Sir Donald. It is a royalty thing.
Cruz is my choice but will support Trump if he is the nominee. Regarding Fiorina, I am deeply suspicious of her attempts to portray herself as an outsider. That is not how she portrayed herself when she ran against Boxer in 2010. That being said, if people are going to make accusations against her, the accusations should be factually correct and there should be some substance to them. I don’t think these allegations regarding HP selling printers and ink to people in Iran hold much water.
Me neither. Cruz guy here as well. Trump reluctantly in the general. Fiorina is running for VP slot and could be useful as the attack dog.
PS: I am not much bothered when politicians do political things. I am bothered when a good conservative like Cruz can not get traction. But such is life.
She is old news to me.
I remember her failed run for U.S. Senate in CA against Babs Boxer.
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