China Enacts Export Control Law Following Its Announcement of the Unreliable Entities List | White & Case LLP
On December 1, 2020, China's Export Control Law ("ECL") took effect. 1 Prior to the ECL, China's export control regime was scattered across multiple laws, regulations, and guidelines enforced by an array of government ministries. The ECL changes this status quo by creating a comprehensive and unified framework for export control. The ECL follows China's May 2019 announcement of the Provisions on the List of Unreliable Entities ("UEL") under which blacklisted entities can be restricted or prevented from trading with China. 2 This client alert lays out the major provisions of the ECL and t...
Source: jdsupra.com