US ADDS 5 CHINESE ENTITIES ASSOCIATED WITH SUPERCOMPUTER DEVELOPMENT TO ENTITY LIST

On 27th June, Baker McKenzie reported that the US Commerce Department’s Bureau of Industry and Security (BIS) has added 5 Chinese entities to the Entity List: Wuxi Jiangnan Institute of Computing Technology, Sugon, and its affiliates, Higon, Chengdu Haiguang Integrated Circuit, and Chengdu Haiguang Microelectronics Technology.  Being on the Entity List means that no supplier — US or non-US, wherever located  — may export, reexport, or transfer (in country) any commodity, software, or technology subject to the Export Administration Regulations to the 5 Chinese entities unless authorised by a BIS licence.

http://sanctionsnews.bakermckenzie.com/us-government-adds-five-chinese-entities-associated-with-supercomputer-development-to-entity-list/#page=1

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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