⚖️Additions to Entity List - Regulations Impacting U.S. Businesses
Additions and Revisions to the Entity List
Summary
In this rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by adding 32 entities to the Entity List. These entries are listed on the Entity List under the destination of China, People's Republic of (China) (23), India, (1), Iran (1), Singapore (1), Taiwan (1), Turkey (3), and the United Arab Emirates (UAE) (2). These entities have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States. This final rule revises an entry by removing two addresses from one entity under the destination of Russia. Finally, this rule amends 27 existing entries on the Entity List to correct typographical errors under the following destinations: Belarus (3), China (11), Iran (1), Pakistan (1), Russia (9), and Turkey (2).
Agencies
- Commerce Department
- Industry and Security Bureau
Business Impact
$$$ - High
The regulatory text introduces the addition of 32 entities to the Entity List, imposing stringent export control measures that require licenses with a presumption of denial for U.S. businesses. This significantly impacts compliance requirements and trade interactions, primarily with entities in nations like China, India, Iran, and Russia, posing direct implications for companies involved in exporting controlled items.