USA Sanctions 9 Firms Under Iran Nonproliferation Act

The US Immigration and Customs Enforcement (ICE) Arms and Strategic Technology Investigations (ASTI) division is responsible for investigating illegal exports of military products and sensitive technologies. ICE are not alone, however, nor are they the only lever available to the USA. On December 27, 2005, the US State Department declared that it was imposing sanctions on 9 companies (6 in China, 2 in India, and 1 in Austria) on the basis of credible information that the companies had transferred equipment or technology in violation of the Iran Nonproliferation Act (Public Law 106-178). A citation means that companies have sold materials to Iran that are included in international export control lists, or can be used in the production of missiles and weapons of mass destruction (WMD). The sanctioned firms are: * China National Aero-Technology Import and Export Corporation (CATIC) * Zibo Chemet Equipment Company * Hongdu Aviation Industry Group * Ounion International Economic and Technical Cooperative * Limmt Metallurgy and Minerals Company. It’s also worth noting one Chinese inclusion in particular: * China North Industries Corporation (NORINCO) was formed out of the former Chinese ordinance ministry. It now has 800,000 employees working in over 200 subsidiaries, including some subsidiaries in the […]