BIS to Add Six Firms to Entity List
The Bureau of Industry and Security has issued a final rule, effective July 25, 2011, to amend the Export Administration Regulations (EAR) by adding six entities to the Entity List (Supplement No. 4 to 15 CFR Part 744), which provides notice to the public that certain exports, reexports, and transfers (in-country) to parties identified on the list require a license from BIS and that availability of license exceptions in such transactions is limited. Under Hong Kong, BIS is adding Biznest, LTD and Yeraz, LTD. Under Lebanon, BIS is adding Micro Power Engineering Group; Narinco Micro Sarl; Serop Elmayan and Sons Lebanon; and Serpico Offshore Sarl.
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Federal Register notice, which includes a savings clause for the addition of these entities, available here