BIS Adds CNOOC to Entity List, Effective Jan. 14
The Bureau of Industry and Security added one Chinese entity to its Entity List, another to its Military End User List and removed two Russian entities from the MEU List, the agency said in a final rule that is effective as of Jan. 14. The rule added China National Offshore Oil Corp. Ltd. (CNOOC) to its Entity List and designated Beijing Skyrizon Aviation Industry Investment Co., Ltd. as having ties to China’s military. It also removed Russia-based Korporatsiya Vsmpo Avisma OAO and Molot Oruzhie from the MEU List.
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Commerce Secretary Wilbur Ross said CNOOC "acts as a bully" for China's military actions China's in the South China Sea and allows the government to benefit from civil-military fusion.