U.S. Sanctions N. Korea, Russian Firms
Julie Farby - All Headline News Staff Writer Washington, DC (AHN)-A U.S. State Department official said Friday that the United States has imposed sanctions against seven companies from North Korea, Russia, India and Cuba for their alleged arms dealings with Iran. The official, who spoke on condition of anonymity, says the sanctions were imposed after the United States obtained "credible information" that the companies had transferred equipment or materials to Iran since January 1, 1999. The official tells Reuters, "The sanctions apply to the specific entities and their successors, sub-units or subsidiaries and not to their respective countries or governments." The Federal Register says the sanctions were imposed as these firms had passed on equipment or technology to Iran that could contribute to the development of weapons of mass destruction or cruise or ballistic missile systems. The sanctioned companies were listed as the Korean Mining and Industrial Development Corporation and the Korea Pugan Trading Corporation of North Korea. The Russian firms were listed as state-owned arms export firm Rosoboronexport and warplane maker Sukhoi. The Indian firms were Balaji Amines and Prachi Poly Products while the Cuban company was identified as the Center for Genetic Engineering and Biotechnology. According to the report, under the restrictions, no U.S. government agency may enter into a deal with the companies on the lis |
