July 18, 2021 12:31:46 pm
Firms on the Entity List are prohibited doing business with US persons. US persons that seek to do business with firms on the Entity List must apply for and receive a permit from BIS.
The newly-designated firms are: Aktsionernoe Obschchestvo Pasit, Federal State Autonomous Institution Military Innovative Technopolis Era, Federal State Autonomous Scientific Establishment Scientific Research Institute Specialized Security Computing Devices and Automation (SVA), Aktsionernoe Obshchaestvo AST, Aktsionernoe Obshchestvo Pozitiv Teknolodzhiz, and Obshchestvo S Ogranichennoi Otvetstvennostyu Neobit. These businesses join other designated entities such as Huawei, as well as numerous businesses active in Xinjiang and Myanmar.
The order designating the aforementioned companies as listed entities was made under the requirements set out in Executive Order 14024, Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation, issued on April 15, 2021.