Hot topics | Coronavirus pandemic

The US Tightens Control Over The Supply Of Goods To Russia, Venezuela, And China

The US Tightens Control Over The Supply Of Goods To Russia, Venezuela, And China

The United States is tightening control over the supply of goods to Russia, Venezuela, and China that can be used to create weapons systems, according to a document posted on the website of the US Federal Register on Thursday.

"With this final resolution, the Bureau of industry and security amends the export management Rules to change the policy of reviewing licenses for products that are controlled for national security reasons and are intended for the people's Republic of China, Venezuela or the Russian Federation," the document says.

When considering whether to issue a license for the export, re-export, or movement of goods within a country, the Bureau and other agencies will determine whether the goods can help develop, manufacture, maintain, repair, or operate weapons systems in those countries.

The updated rules take effect on October 29.

You may also like: