Wednesday, January 27, 2021
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US imposes sanctions on Russian and Chinese companies for supporting Iranian missile programme

WASHINGTON: The US has imposed sanctions on 4 firms from China and Russia for supporting Iran’s missile programme that continues to be a “vital proliferation concern,” Secretary of State Mike Pompeo has mentioned.
The announcement was made on Friday because the US continues to take powerful measures towards Iran for persevering with their actions associated to nuclear arms.
“The US has sanctioned 4 entities in China and Russia for his or her help of Iran’s missile programme, which stays a big proliferation concern. We are going to proceed to make use of all our sanctions instruments to stop Iran from advancing its missile capabilities,” Pompeo mentioned.
The businesses are Chengdu Finest New Supplies Co Ltd and Zibo Elim Commerce Co, Ltd. in China and Nilco Group, which is also called Nil Fam Khazar Company and Santers Holding and Joint Inventory Firm Elecon in Russia for transferring sensitive technology and objects to Iran’s missile programme.
President Donald Trump withdrew the US from the landmark Iran nuclear deal in 2018.
After withdrawing from the Iranian nuclear deal, Trump has requested all nations to cut back their buy of oil from Iran to zero or face secondary sanctions.
Iran insists its nuclear programme is for peaceable functions.
Pompeo mentioned all nations must be vigilant to efforts by Iran to advance its missile programme.
“These measures are a part of our response to Iran’s malign actions. These determinations underscore the persevering with want for all nations to stay vigilant to efforts by Iran to advance its missile programme,” Pompeo mentioned.
“We are going to proceed to work to impede Iran’s missile improvement efforts and use our sanctions authorities to highlight the overseas suppliers, reminiscent of these entities within the Individuals’s Republic of China and Russia that present missile-related supplies and expertise to Iran. The sanctions imposed embody restrictions on US authorities procurement, US authorities help, and exports and shall be in impact for 2 years,” he mentioned.
Pompeo mentioned the imposition of sanctions towards these overseas entities is in line with the efforts of the US to make use of all out there measures to stop Iran from advancing its missile capabilities.

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