The Bureau of Industry and Security (BIS) has updated the Export Administration Regulations (EAR) by removing three entities from the Unverified List (UVL) after successful verification of their legitimacy and reliability in the end-use of items covered under the EAR. The entities removed from the UVL include DMA Logistics GmbH in Germany and Integrated Production and Test Engineering (IPTE) in Mexico. This action restores the eligibility of these entities to use license exceptions for exports, reexports, and transfers under the EAR. The rule takes effect on January 11, 2021, and is not considered significant under Executive Orders 13563 and 12866.
Simple Explanation
The government checked and found that three companies, including one in Germany and one in Mexico, are trustworthy. Because of this, these companies can now trade more freely with certain items.