The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 24 Mar 2025 (UK):
The Office of Financial Sanctions Implementation ("OFSI") amended UK General Licence INT/2022/2085212 (the "GL") to remove Rosbank PJSC from, and add TBank to, the definition of "Sanctioned Banks", pursuant to Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019.
The OverRuled: China Trade Controls Resource Center has been updated with the following actions:
- 25 Mar 2025 (BIS):
BIS added 12 entities to the Entity List, including 11 entities under the destination of the PRC, for the following reasons:
- Acquiring U.S.-origin items in support of the PRC's military modernization, specifically developing large artificial intelligence (AI) models and advanced computing chips for defense purposes.
- Contributing to Inspur's (Note 1) development of supercomputers for military end use, particularly by acquiring U.S.-origin items in support of supercomputer projects for the PRC government and/or military.
- Being involved in the development of PRC exascale computers, which are capable of processing vast amounts of data at very high speeds and conducting large-scale simulations.
- Providing significant manufacturing capabilities to Sugon (Note 2).
Note 1: Inspur Group was added to the Entity List in 2023 for acquiring U.S.-origin items in support of PRC military modernization efforts.
Note 2: Sugon is a Chinese high-performance computing server manufacturer added to the Entity List in 2019 for building supercomputers used by military end users and supporting the PRC's destabilizing military modernization efforts.
- Acquiring U.S.-origin items in support of the PRC's military modernization, specifically developing large artificial intelligence (AI) models and advanced computing chips for defense purposes.
- 25 Mar 2025 (BIS):
BIS added 70 entities to the Entity List, including 42 under the destination of the PRC, for the following reasons:
- Contributing to Pakistan's unsafeguarded nuclear activities.
- Acquiring U.S.-origin items in support of advancing China's quantum technology capabilities, such as through supplying Chinese parties on the Entity List and defense-related Chinese entities.
- Selling products to Chinese companies who supply Entity List parties, including Huawei and HiSilicon.
- Having demonstrable ties to activities of concern, including developing hypersonic weapons, designing and modeling of vehicles in hypersonic flight, using proprietary software to model weapons design and damage, and otherwise supporting China's military-civil fusion efforts.
- Using deceptive practices to attempt to procure U.S.-origin items for Iran's defense industry and unmanned aerial vehicle (UAV) programs.
- Having links to the Test Flying Academy of South Africa (TFASA) and the training of Chinese military forces using Western and NATO sources.
- Contributing to Pakistan's unsafeguarded nuclear activities.
Please send an email to subscriptions@overruled.com if you would like information on how to subscribe to access additional detail about these and other sanctions- and export controls-related actions. If you are already a paid subscriber, please login to OverRuled for access to exclusive content, analysis, and historic search functionality.
