In a statement made by the Ministry, it was stated that the ability of these companies to acquire certain US technologies will be limited, and US exporters will have to apply for a license to sell to these companies.
In the statement, it was noted that SMIC, as well as over 60 companies, were blacklisted for their actions considered to be against the US national security or foreign policy interests.
In the Ministry’s statement, among these companies; It was stated that there are organizations that enable human rights violations in China, support armament and illegal maritime allegations in the South China Sea, buy US goods to support the programs of the People’s Liberation Army of China, and organizations that attempt to steal US trade secrets. .
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US Commerce Secretary Wilbur Ross said, “We will not allow advanced US technology to help build an increasingly warring adversary’s army.” made his comment.