Changes to Expedited High-Tech Exports to Validated End-Users
The Bureau of Industry and Security has issued a final rule that, effective June 3, makes the following changes to the list of validated end-users that are approved to receive exports, reexports and transfers of certain items without a license under authorization VEU.
- improves the display and readability of the list of VEUs and their respective eligible items and destinations
- removes Grace Semiconductor Manufacturing Corporation and Shanghai Huahong NEC Electronics Company Ltd., which have merged to create Shanghai Huahong Grace Semiconductor Manufacturing Corporation Ltd., which is being added
- updates the list of eligible items for CSMC Technologies Corporation
Authorization VEU is a mechanism to facilitate increased high-technology exports to companies in China and India that have a verifiable record of civilian end-uses for such items. End-users qualified as VEUs are eligible to receive a wide range of specified items on the Commerce Control List under this authorization instead of under individual transaction-specific export licenses. Eligible items may include commodities, software and technology, except those controlled for missile technology or crime control reasons.
BIS emphasizes that the above amendments are not the result of activities of concern but are being made at the companies’ request.