Beijing (TDI): China’s Ministry of Commerce (MOFCOM) on Thursday announced the inclusion of 28 US entities to the export control list, barring exports of dual-use items to the listed companies.
Additionally, MOFCOM announced the inclusion of ten US entities to the unreliable entities due to their arms sales to Taiwan.
In a statement, MOFCOM said that in line with relevant Chinese laws and regulations and to protect China’s national security and interests, fulfill non-proliferation and other global obligations.
It has decided to impose export control measures on the twenty-eight US entities, including General Dynamics, Space & Security, Boeing Defense, and Lockheed Martin Corporation.
Following the decision, exports of dual-use items to these 28 US entities are banned and any such ongoing export activities related to these entities must be immediately stopped, the statement said.
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In special circumstances where exports are deemed essential, exporters must apply for permission from MOFCOM.
A MOFCOM spokesperson stated that the decision seeks to protect national security and interests while upholding non-proliferation and other global obligations.
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The Chinese government will continue to promote high-level opening-up, firmly protect the legitimate rights and interests of different business entities, and promote the development of trade that is in line with regulations, the spokesperson said.
In a separate move on Thursday, MOFCOM stated that in order to safeguard national sovereignty, security and development interests and in line with relevant Chinese laws and regulations.
It has added ten US entities that have participated in arms sales to the Taiwan region, including Fire Control and Lockheed Martin Missiles, to the unreliable entities list.
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The listed companies are banned from engaging in China-related import or export activities, and are barred from making new investments in China.
Senior executives of the firms are prohibited from entering China, while their work permits will be revoked, along with their visitor and residential status, and the related applications they submit will not be approved, the MOFCOM added.
