; or (B) a derivative financial instrument or contractual arrangement between the entity and a foreign adversary party, including any such instrument or contract that seeks to replicate any financial return with respect to such entity or interest in such entity. (3) Foreign adversary The term foreign adversary means any of the following: (A) The People's Republic of China. (B) The Russian Federation. (C) The Islamic Republic of Iran. (D) The Democratic People's Republic of Korea. (E) The Republic of Cuba. (F) Venezuela, while Nicolás Maduro is the president. (G) The Syrian Arab Republic. (4) Foreign adversary party (A) In general The term foreign adversary party means any of the following: (i) The government of a foreign adversary, including any agency, government instrumentality, official, or agent of such a government. (ii) Any entity organized under the laws of a foreign adversary (or any political subdivision thereof). (iii) Any entity the headquarters of which is located within a foreign adversary. (B) Inclusion of certain entities of the People's Republic of China The term foreign adversary party includes any entity substantively involved in the industrial policies or military-civil fusion strategy of the People's Republic of China, including by accepting funding from, performing a service for, or receiving a subsidy from the People's Republic of China related to such policies or strategy.