US imposes restrictions on 70 companies from China, Pakistan, UAE - Commerce Dept.

Washington, March 26 -- The US Commerce Department imposed export restrictions on 70 companies from China, Pakistan, South Africa, Iran, and the United Arab Emirates due to their alleged activities contrary to the US national interests, according to a Bureau of Industry and Security (BIS) final rule that is scheduled to be published on March 28.

"In this final rule, BIS amends the Export Administration Regulations by adding 70 entities to the Entity List, under the destinations of China, People's Republic of (China) (42); Iran (2); Pakistan (19); South Africa (3); and the United Arab Emirates (UAE) (4). These entities have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of t...