BIS Adds 42 to Entity List for Violating Russia-Related Export Controls
The Bureau of Industry and Security added 42 parties to the Entity List for helping to illegally supply parts and drones to Russia’s military industrial base, performing contracts for Russian government entities or for doing business with sanctioned companies. The companies and people added to the list are located in China, Cyprus, Germany, Kazakhstan, the Netherlands, Russia and the United Arab Emirates.
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.
Effective Dec. 7, the parties will face license requirements for all items subject to the Export Administration Regulations, and licenses will be reviewed under either a policy of denial or presumption of denial, with some exports of food and medicine subject to a case-by-case review. Several of the new entities were also designated as a Russia/Belarus-Military End User and made subject to foreign direct product rule licensing restrictions.