; (vi) any activity by a recipient or beneficiary of financial assistance, including grants, tax incentives, or other types of funding, with respect to a covered foreign entity or a country of concern; (vii) any activity with respect to a covered foreign entity or a country of concern by an entity that benefits from annual procurement of more than an amount to be determined in regulations prescribed in accordance with section 1008 in goods or services by a United States national security agency; or (viii) except as provided in subparagraph (B), any other transaction involving a country of concern or with a covered foreign entity defined in regulations prescribed in accordance with section 1008. (B) Exceptions The term covered activity does not include— (i) any transaction the value of which the Committee determines is de minimis; (ii) any category of transactions that the Committee determines is in the national interest of the United States, as may be defined in regulations prescribed in accordance with section 1008; or (iii) any ordinary business transaction as may be defined in such regulations. (4) Covered foreign entity (A) In general Subject to regulations prescribed in accordance with section 1008, and except as provided in subparagraph (B), the term covered foreign entity means— (i) any entity that is incorporated in, has a principal place of business in, or is organized under the laws of a country of concern; (ii) any entity the equity securities of which are primarily traded on one or more exchanges in a country of concern; (iii) any entity in which any covered foreign entity holds, individually or in the aggregate, directly or indirectly, an ownership interest of greater than 50 percent