Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Chinese, Russian Firms Face US Sanctions


Sat 28 Nov 2020 | 01:31 PM
Ahmed Yasser

US announced on Friday that it imposed sanctions on five companies belonging to China and Russia for supporting Iran's missile programme.

The companies are Chengdu Best New Materials Co Ltd and Zibo Elim Trade Co, Ltd. in China and Nilco Group, which is also known as Nil Fam Khazar Company and Santers Holding and Joint Stock Company Elecon in Russia for transferring sensitive technology and items to Iran's missile programme.

Sanctions for Iran Missile Programe

Meanwhile, the State Secretary Mike Pompeo explained that these measures are part of their response to Iran's malign activities. These determinations underscore the continuing need for all countries to remain vigilant to efforts by Iran to advance its missile programme.

Pompeo added; ''all countries need to be vigilant to efforts by Iran to advance its missile programme.''

America will continue to work to impede Iran's missile development efforts and use sanctions authorities to spotlight the foreign suppliers, such as these entities in the PRC (China) and Russia, that provide missile-related materials and technology to Iran.

In 2018, President Donald Trump withdrew  America from the Iran nuclear deal. In addition, the Trump administration has also since shown its determination to sanction any foreign country or company that does not comply with its Iran policies.