US president Joe Biden has issued an executive order that bars US securities investment in 57 Chinese companies with defence ties, with airframer AVIC featuring prominently on the list.
By Greg Waldron2020-12-24T04:23:00+00:00
The US government’s Military End User (MEU) list covers a broad swathe of Chinese and Russian aerospace companies, but stops short of listing airframer Comac.
The MEU list amends the US government’s Export Administration Regulations (EAR), which aim to control the export of sensitive technologies. Companies on the list are subject to special export licencing requirements.
Source: AVIC
The Xian Aircraft MA700
Previous press reports had suggested Comac, a major user of western aerospace technology, would be included in the list, which was published on 23 December.
“This action establishes a new process to designate military end users on the MEU List to assist exporters in screening their customers for military end users,” says commerce secretary Wilbur Ross.