“The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) today announced that it will add fifteen parties located in China, Hong Kong, Iran and Singapore to the Entity List. The parties who are added to the Entity List have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States. In a related action, the Department of Justice announced today the indictment of five people and four companies for fraud conspiracy involving exports to Iran of U.S. – origin components later found in bombs in Iraq.”

Published 10-25-2011