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US Sanctions Chinese, UAE-Based Companies Over Sale of Iranian Petrochemicals


US Sanctions Chinese, UAE-Based Companies Over Sale of Iranian Petrochemicals
The United States on Dec. 16 said it has imposed sanctions on several companies that have been involved in the export of Iranian petrochemical products, accusing them of financing Iran’s Islamic Revolutionary Guard Corps-Qods Force and its terrorist proxies.
The U.S. Department of Treasury said in a press release that it clamped down on United Arab Emirates-based companies Alpha Tech Trading FZE and Petroliance Trading FZE; and Chinese-based companies Donghai International Ship Management Ltd. and Petrochem South East Ltd.
“These China- and United Arab Emirates-based companies have provided [Triliance Petrochemical Co. Ltd.] with critical shipping services or conducted financial transactions on behalf of the company, enabling Triliance to continue brokering and moving Iranian petrochemical exports,” the department said in a release. ....

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Trump administration blacklists companies over Iranian petrochemicals


U.S. blacklists companies over Iranian petrochemicals
By
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Treasury Secretary Steven Mnuchin (R) and Secretary of State Mike Pompeo sanctioned several companies on Wednesday over their connections to selling and shipping petrochemicals for Iran. Photo by Mike Theiler/UPI | License Photo
Dec. 17 (UPI) The United States has blacklisted several companies in China, Vietnam and the United Arab Emirates, accusing them of dealing in Iranian petrochemicals as the Trump administration continues with its maximum pressure campaign in its final weeks in office.
The Treasury announced sanctions against four entities two in China and two in the UAE for facilitating the export of petrochemical products by Triliance Petrochemical Co., which was designated by the Trump administration in January. ....

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США ввели санкции против компаний из КНР и ОАЭ, которые помогали продавать иранские нефтехимические продукты

US blacklists Chinese, UAE companies over sale of Iranian petrochemicals


US blacklists Chinese, UAE companies over sale of Iranian petrochemicals
An Aerial view of Iran s Balal offshore oil platform, in the Gulf on the edge of Qatar s territorial waters, seen on 16 May 2004 [BEHROUZ MEHRI/AFP via Getty Images]
December 16, 2020 at 6:25 pm
The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump s term, reports
Reuters.
The US Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was hit with sanctions by Washington earlier this year. ....

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