The Ministry of National Economy of Kazakhstan has commented on the situation around Elem Group, a logistical company from Almaty that on December 7 was added to the Entity List of the Bureau of Industry and Security under the U.S. Department of Commerce.
According to the U.S. Federal Register, the End-User Review Committee (ERC) determined to add Elem Group, LLC, under the destination of Kazakhstan, to the Entity List for «posing a risk of diversion of items subject to the EAR to Russia.»
If a company is added to the Entity List, this means that U.S. companies cannot supply such...