US Department of Commerce to sanction 7 Pakistani entities related to Missile program for Endangering National Security of USA
By: Jyotiprakash,Defence360 Bureau of Industry and Security, Commerce,USA has amended Export Administration Regulations (EAR) by adding seven persons to the Entity List. The seven persons who are added to the Entity List have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States. These seven persons will be listed on the Entity List under the destination of Pakistan. The date of the amendment which is said to be December 15,2016 earmarks the start of sanctions against PAKISTANI Missile Program is a important Phenomenon & is certain to make quite a lot of buzz in the international arena & is certain to worry China,the only supporter of PAK. The license requirements apply to any transaction in which items are to be exported, reexported, or transferred (in-country) to any of the persons or in which such persons act as purchaser, intermediate consignee, ultimate consignee, or end-user. In a...