Expedited High-Tech Exports Now Available to Two More End-Users in China
The Bureau of Industry and Security has issued a final rule that, effective July 10, adds Samsung China Semiconductor Co. Ltd. and Advanced Micro-Fabrication Equipment Inc. China to the list of validated end-users. As a result, exports, reexports and transfers (in-country) of specified items to one Samsung China facility and one AMEC facility are now authorized under authorization VEU.
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.