Reported 12 months ago
According to Reuters, six companies, including two from China, one from South Africa, two from the UAE, and one from the UK, have been newly added to the US trade restriction list. Among them, companies like Global Training Solutions Limited in China and Livingston Aerospace Limited in the UK were linked to providing training to Chinese military personnel, using Western and NATO resources, leading to their inclusion on the Entity List. The US Commerce Department regulates the Entity List, requiring companies to obtain licenses to import goods and technology from the US, with such licenses often being denied. Additionally, eight Chinese companies were included in the Unverified List due to insufficient verification by US export control officials.
Source: YAHOO