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US Government Imposes Export Restrictions on SMIC, DJI and 75 Other Entities

US Government Imposes Export Restrictions on SMIC, DJI and 75 Other Entities USA December 23 2020 The US Department of Commerce’s Bureau of Industry and Security has issued a Final Rule adding 77 companies to the Entity List, a restricted party list that identifies foreign persons that engage in activities contrary to US national security and/or foreign policy interests. These latest designations by BIS include companies located in China, as well as Bulgaria, France, Germany, Hong Kong, Italy, Malta, Pakistan, Russia and the United Arab Emirates. Most notably, the designations include Semiconductor Manufacturing International Corporation Incorporated and DJI, which are prominent companies in China’s semiconductor and consumer drone industries, respectively. Pursuant to these designations, exports, reexports and in-country transfers of commodities, software and technology subject to the US Export Administration Regulations to SMIC, DJI and other designated entities will now req

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