In what could be a major setback for Pakistan, the United States has nailed seven companies hailing from Pakistan for acting contrary to the national security and foreign policy interests of the United States.
As many as 23-companies from Pakistan, Singapore, UAE, Ecuador and South Sudan came under the scanner and the Export Administration Regulations (EAR) was amended by the US.
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“This final rule amends the Export Administration Regulations (EAR) by adding twenty-three persons to the Entity List. These twenty-three persons have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States and will be listed on the Entity List under the destinations of Pakistan, Singapore and South Sudan. This rule also removes one person under the destination of Ecuador and one person under the destination of the United Arab Emirates (U.A.E.) from the Entity List,” the statement by Bureau of Industry and Security, Commerce read.
The Entity List identifies entities reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States.