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International News

May 14, 2019
8:27AM

US puts Chinese, Pakistani companies on entity list

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United States has placed 12 foreign companies, including Chinese and Pakistani firms into its entity list to check misuse of sensitive technologies against its national security. 

The US Commerce Department said the 12 entities making it to the list include four companies with locations in both China and Hong Kong, and a further two Chinese, one Pakistani and five UAE persons.

Secretary of Commerce Wilbur Ross said, it is putting individuals, businesses and organisations across the world on notice that they will be held accountable for supporting Iran’s weapons of mass destruction activities and other illicit schemes. 

Moreover, US cannot allow China's civil-military integration strategy to undermine US national security through prohibited technology transfer plots orchestrated by state actors, the Secretary said.

'Entity List', is a black list of foreign companies, which prohibits them from exporting certain US technology and goods due to national security concerns unless they meet specific licensing requirements.
 

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