BIS to Add 60 Entries to Entity List
The Bureau of Industry and Security plans to add 60 entities to the Entity List, including 24 entities for helping the Chinese military build artificial islands in the South China Sea. BIS will also designate entities in France, Hong Kong, Indonesia, Malaysia, Oman, Pakistan, Russia, Switzerland and the United Arab Emirates for a range of activities, including illegal exports to Iran, submitting false information to BIS, contributing to Russian biological weapons programs and more.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
BIS will also revise five existing entries under Canada, Germany, Hong Kong, Iran and the UAE. BIS will impose a license requirement for exports to the companies for all items subject to the Export Administration regulations, with no license exceptions. The changes take effect Aug. 27.