BIS publishes Rule: Addition of Certain Persons to the Entity List

The U.S Department of Commerce announced further expansion of the export restrictions on russia. Therefore the Department of Commerce's Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by adding eleven persons under twelve entries to the Entity List. The persons who are added to the Entity List have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States. These persons will be listed on the Entity List under the destinations of Crimea (Occupied), Russia, and Ukraine. There are twelve entries for the eleven persons on the Entity List because one person is being listed in multiple locations, resulting in an additional entry.  Specifically, the additional entry covers one person that will be listed on the Entity List under the destination of Crimea (Occupied) and Ukraine.

Link: Entity List

Source: Bureau of Industry and Security

Author: Matthias Merz, CEO, Foreign Trade Academy (AWA)

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