Stricter US Technology Export Controls for China and Russia: New Rules.
This law significantly tightens restrictions on exporting US technology to entities in China and Russia. Its purpose is to safeguard US national security by preventing advanced American technology from supporting the military or strategic industrial goals of these nations. US companies face a high hurdle, needing to prove the export advances US interests before approval.
Key points
Establishes a "presumption of denial" for licenses to export technology to end users in the People's Republic of China and the Russian Federation, making approval the exception.
The denial rule applies broadly, covering universities and companies linked to the military or government strategies of these countries.
Export control rules are extended to subsidiaries (50% or more owned) of entities already placed on the US sanctions list (Entity List).
Status:
Expired
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