US Restricts export with Russian, Chinese entities over military ties
ANI |
Updated: Dec 22, 2020 12:47 IST
Washington [US], December 22 (ANI): In another major setback to China, the US has designated 58 Chinese companies out of 103 companies as foreign entities with military ties thereby restricting export, re-export and transfers with them.
Along with the 58 Chinese companies, the remaining are Russian companies, the US Commerce Department said.
According to a statement from the Commerce Department, the Bureau of Industry and Security (BIS) will amend the Export Administration Regulations (EAR) by adding a new 'Military End User' (MEU) List, as well as the first tranche of 103 entities, which includes 58 Chinese and 45 Russian companies.