China News
TRADE WARS
US sanctions Chinese firms aiding Iran missile program
US sanctions Chinese firms aiding Iran missile program
by AFP Staff Writers
Washington (AFP) June 6, 2023

The United States placed sanctions Tuesday on several Chinese and Hong Kong firms it said were supplying Iran's ballistic missile program.

The US Treasury said the Chinese companies shipped centrifuges for producing fuels, non-ferrous metals with potential military use, electronics and gyroscopes to already-sanctioned Iranian government bodies and private companies closely involved in building the missiles.

Washington is concerned that Iran plans to develop nuclear weapons that could be loaded on ballistic missiles to menace Israel and other countries.

The companies include Beijing Shiny Nights Technology Development, Qingdao Zhongrongtong Trade Development, Hong Kong Ke.Do International Trade Co, Lingoe Process Engineering Limited and Zhejiang Qingji Ind. Co.

The US Treasury also placed sanctions on Iran's defense attache in Beijing, Davoud Damghani, saying he coordinated purchasing of Chinese supplies for Iran's defense industry.

The sanctions ban US firms and individuals and companies like global banks with US branches from doing business with those placed on the blacklist.

"Today's action reinforces our commitment to respond to activities which undermine regional stability and threaten the security of our key partners and allies," said Treasury Under Secretary Brian Nelson.

"The United States will continue to target illicit transnational procurement networks that covertly support Iran's ballistic missile production and other military programs," he said in a statement.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
Senior US official to travel to China for rare visit: govt
Washington (AFP) June 3, 2023
A senior US diplomat will embark on a rare trip to Beijing Sunday, the government said, as Washington seeks to allay tensions between the rival powers. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink will travel to China and New Zealand from June 4-10, the US State Department said in a statement Saturday. In Beijing, Kritenbrink will be joined by National Security Council Senior Director for China and Taiwan Affairs Sarah Beran to "discuss key issues in the bil ... read more

TRADE WARS
Astronauts meet in Tiangong space station core module

China looks to expand scope of space operations with Shenzhou 16

China launches Shenzhou-16 with first civilian to space station

China launches Shenzhou-16 with first civilian to space station

TRADE WARS
Stocks mixed as China data points to more weakness

Blinken eyes trip to China as tensions ease

Asian markets struggle to kick on after rally, with eyes on Fed

EU agrees economic weapon in face of China trade spat

TRADE WARS
TRADE WARS
CIA chief made secret trip to Beijing last month: US official

Zelensky says NATO membership 'impossible' before end of Russia war

NATO chief to visit Ankara to push Sweden membership

NATO debates 'security guarantees' for Ukraine

TRADE WARS
Ukraine nuke plant safe for now after dam break: IAEA

No immediate risk at Ukraine nuke plant after dam damage: IAEA

Finland's nuclear catacombs nearly ready to house waste

Japan allows nuclear plants to operate beyond 60 years

TRADE WARS
US and SKorea issue warning about NKorean hacker group linked to satellite launch

AI political fakery sparks fears for US 2024 race

US, Microsoft warn Chinese hackers attacking 'critical' infrastructure

China scammer uses AI to pose as man's friend, steal millions

TRADE WARS
Ukraine nuke plant safe for now after dam break: IAEA

No immediate risk at Ukraine nuke plant after dam damage: IAEA

Finland's nuclear catacombs nearly ready to house waste

Japan allows nuclear plants to operate beyond 60 years

TRADE WARS
Brazil faces dilemma: endangered macaw vs. wind farm

Spire to provide TrueOcean with weather forecasts for offshore wind farm development

Sweden greenlights two offshore windpower farms

European leaders vow to boost North Sea wind energy production

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.