US sanctions Chinese companies arming Iran

Bill Gertz:

Several Chinese companies involved in selling missile goods and chemical-arms materials to Iran have been hit with U.S. sanctions, Bush administration officials said yesterday.
The sanctions cover six Chinese government-run companies, two Indian firms and one Austrian company, according to officials who spoke on the condition of anonymity.

...

The sanctions were imposed under the Iran Nonproliferation Act, which Congress passed in 2000 to deter international support for Iran's nuclear, chemical and biological weapons programs and missile-delivery systems.
The penalties, which will last until December 2007, bar the companies from doing business with the U.S. government and prohibit U.S. firms from obtaining export licenses to sell sensitive products to these companies. The details of the transfers to Iran were not disclosed.
The sanctions are part of a more aggressive policy aimed at identifying foreign companies engaged in helping rogue states gain access to weapons technology. So far, 40 companies and people have been punished since 2001.

...

These latest sanctions show that China is continuing to support the missile and weapons of mass destruction (WMD) programs of states that support international terrorism.
"We think these transfers helped [Iran's] ballistic missile and WMD programs," a senior official said.

...

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more