- The Entity List is a tool that Washington uses to impose trade restrictions on entities it considers to threaten the national security of the United States.
- Recently it has been used to curb Chinese technology and penalize participation in the Russian war machine.
- China’s Ministry of Commerce said it strongly opposes the US’s blacklisting of Chinese companies.
A broken window is seen after Russia launched 33 drones in the direction of the Kiev region, Ukraine, on September 10, 2023. In a separate statement, the Ukrainian Air Force said Russia sent 33 unmanned aerial vehicles (UAVs) ) Shahed towards Kiev and Ukrainian forces. He shot down 26 of them.
Anadolu Agency | Anadolu Agency | fake images
The Biden administration imposed new trade restrictions on 11 Chinese and five Russian companies on Monday, targeting foreign actors seen as compromising national security and drawing the ire of Beijing.
The United States accused Hong Kong-based exporter Asia Pacific Links, three Finnish transportation, warehousing and logistics companies, three Russian entities and a German industrial equipment producer of being involved in a scheme to circumvent restrictions on U.S. exports. by supplying drone components to previously blacklisted countries. Special Technological Center in Saint Petersburg, Russia.
These companies were among 28 additions to US entity list on Monday. The US Department of Commerce’s Bureau of Industry and Security charged eight Chinese entities with acquiring or attempting to acquire US drone equipment for Iran, while two Omani entities were cited for supporting Houthi fighters in Yemen.
The list is a tool Washington uses to impose trade restrictions on entities it views as threatening US national security and has recently been used to curb Chinese technology and penalize participation in Russia’s war machine.
“Our actions send a clear message to those who attempt to evade our export controls that there will be consequences for behavior that seeks to undermine the national security interests of the United States,” said Under Secretary of Commerce for Industry and Security Alan Estevez in a statement. release.
“We will not hesitate to take swift and significant action against those who continue to seek to supply and support Putin’s illegal and immoral war in Ukraine,” he added.
None of the Chinese entities cited could immediately respond to CNBC’s requests for comment. CNBC was unable to reach a company spokesperson for comment, while some of the companies did not have public contact details.
“The United States abuses unilateral sanctions and ‘long-range jurisdiction’ to undermine international trade order and rules, hinder normal international economic and trade exchanges, and harm the legitimate rights and interests of Chinese companies and individuals.” said the Chinese Ministry of Commerce in a declaration Tuesday.
“The United States should immediately end its unreasonable repression of Chinese companies and individuals. China will take necessary measures to resolutely safeguard its legitimate rights and interests,” the Chinese Ministry of Commerce added.
—CNBC’s Quek Jie Ann contributed to this story.
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