BIS - Parties involved in illegal shipments to Iran, China added to “Entity List” 

December 13:  The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a final rule that added 36 companies and individuals to the “Entity List” for engaging in actions contrary to the national security or foreign policy interests of the United States.

BIS conducted investigations that revealed the identified companies and individuals engaged in a series of actions involving illicit shipments of U.S-origin goods to Iran and prohibited end-users in China. The new parties being added to the Entity List are located in Armenia, Canada, China, Germany, Greece, Hong Kong, Iran, Malaysia, Thailand, Turkey, and the United Arab Emirates (U.A.E.).


The final rule [PDF 265 KB] is effective on December 12, 2013, when it was published in the Federal Register.

Background

The Entity List provides notice about:


  • Entities that have engaged in activities that could result in an increased risk of the diversion of exported, re-exported, or transferred items to weapons of mass destruction programs
  • Entities sanctioned by the State Department
  • Entities that have acted contrary to U.S. national security and foreign policy interests


For more information, contact a professional with KPMG’s Trade & Customs practice:


Douglas Zuvich

(312) 665-1022


Andrew Siciliano

(631) 425-6057


John L. McLoughlin

(267) 256-2614


Todd R. Smith

(949) 885-5617


Luis A. Abad

(212) 954-3094


Amie Ahanchian

(202) 533-3247


Or your local KPMG Trade & Customs professional.




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