The ERC determined to add the Gensis Engineering to the Entity List for involvement in activities that are contrary to the national security and/or foreign policy interests of the United States;
Gensis Engineering is a part of a network used to supply or attempt to supply Iran with U.S-origin items that would ultimately provide material support to Iran’s defense industries, in violation of U.S. export controls;
Pursuant to § 744.11(b) of the EAR, the ERC determined that the conduct of the Gensis Engineering raises sufficient concerns that prior review, via the imposition of a license requirement for exports, reexports, or transfers (in-country) of all items subject to the EAR involving these thirty-seven entities and the possible issuance of license denials or the possible imposition of license conditions on shipments to these entities, will enhance BIS’s ability to prevent violations of the EAR or otherwise protect U.S. national security or foreign policy interests.
For the entities added to the Entity List in this final rule, BIS imposes a license requirement that applies to all items subject to the EAR. In addition, no license exceptions are available for exports, reexports, or transfers (in-country) to the persons being added to the Entity List in this rule. For all entities being added to the Entity List, BIS imposes a license review policy of a presumption of denial. The acronym “a.k.a.,” which is an abbreviation of `also known as,’ is used in entries on the Entity List to identify aliases, thereby assisting exporters, reexporters and transferors in identifying entities on the Entity List;
Gensis Engineering has supplied or attempted to supply U.S.-origin items that could provide material support to Iran’s advanced conventional weapons and missile programs to entities designated by the U.S. Department of the Treasury’s Office of Foreign Assets Control as Specially Designated Nationals (SDN);
The updated list, published in the Federal Register, noted that “these companies have supplied or attempted to supply US-origin items that could provide material support to Iran’s advanced conventional weapons and missile programmes to entities” sanctioned by the US;
Their inclusion on the list prevents them from exporting, re-exporting or conducting in-country equipment transfers;
Also Known As:
Gensis Engineering Co.
Gensis Muhendislik Danismanlik
No. 2 Flat Loselianis Ave. Tbilisi, Georgia
Fevzi Cakmak Mah., Malazgirt Cad 58/5, Pendik, Istanbul, Turkey
Reason for the color:
» The US Commerce Department on Dec 16, 2021 blacklisted companies for attempting to provide support to Iran’s advanced conventional weapons and missile programmes via exports through China;