Arrow Electronics Inc. said Saturday that the United States is lifting sanctions on its China-based affiliates, put in place after U.S.-made components were found in drones used by proxies of the Iranian regime, Hamas and Houthi terrorists.
On Oct. 8, the Commerce Department sanctioned 19 China-based companies for supplying American technology to terrorist organizations. Among the companies were six affiliates of Centennial, Colorado-based Arrow Electronics, Inc.
The affiliate companies were added to the department’s export blacklist, called the Entity List, for allegedly helping Iranian-backed terrorists buy American technology. The blacklist removal comes less than two weeks after the announcement.
The Commerce Department manages the list and publishes it in the Federal Register. Exporting technology or goods to companies on the list requires a license, which may be denied by the U.S. government. Firms end up on the Entity List for U.S. national security or foreign policy considerations….