US sanctions Chinese, South African companies over Iran, petrochemicals
Global Economy
18 March, 2020, 08:50 pm
Last modified: 18 March, 2020, 08:55 pm
The sanctions also targeted Iranian entity Armed Forces Social Security Investment Company
Photo: Reuters
The United States has targeted a number of Chinese, Hong Kong and South African companies in a fresh round of Iran-related sanctions regarding petrochemicals, according to the US State Department said in a statement on Wednesday.
The entities targeted include Hong Kong-based Mcfly Plastic Hk Ltd, Saturn Oasis Co, Sea Charming Shipping Company Ltd; South Africa's SPI International Proprietary Ltd And Main Street 1095; and Chinese companies Dalian Golden Sun Import & Export Co. Ltd., Tianyi International (Dalian) Co. Ltd. and Aoxing Ship Management (Shanghai) Ltd.
The sanctions also targeted Iranian entity Armed Forces Social Security Investment Company, the statement said.
Comments
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.