U.S. Commerce Department Adds 33 Chinese Entities to Unverified List
- February 8, 2022
- Posted by: Quatro Strategies
- Category: Legislation
The U.S. Commerce Department has added 33 Chinese entities to its unverified list, which requires U.S. companies to go through extended procedures before exporting goods to them. The department said it was adding those entities to the list because it was unable to verify the reliability of their use of U.S. exports.
One of the listed companies is WuXi Biologics, a pharmaceutical contract manufacturer that produces ingredients for vaccines. The company said while it is importing some U.S. goods subject to export controls, it had no impact on its business or services.
WuXi has been prevented by the U.S. export controls to resell or re-export goods purchased from the United States but the Commerce Department has been unable to conduct checks due to the pandemic if the company was complying.
The company said it is planning to negotiate the issue with the Commerce Department.
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