US ADDS ANOTHER 36 NAMES TO THE ENTITY LIST AS SUBJECT TO EXPORT LICENCE RESTRICTIONS

On 17 August, the US Commer Department Bureau of Industry and Security (BIS) added 36 companies to its Entity List, including parties in France, Hong Kong, Indonesia, Malaysia, Oman, Pakistan, Switzerland, and the UAE for activities deemed contrary to US national security or foreign policy interests.  These are in addition to the listing of 24 Chinese companies announced at the same time.  A licence is required, to the extent specified on the Entity List, to export, reexport, or transfer (in-country) any item subject to the Export Administration Regulations (EAR) when an entity that is listed on the Entity List is a party to the transaction.

https://www.jdsupra.com/legalnews/u-s-adds-24-chinese-construction-and-53565/

https://bis.doc.gov/index.php/documents/regulations-docs/2347-744-supp-4-6/file

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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