| Submit your comments on this article |
| Home Front Economy |
| US sanctions seven foreign companies for dealings with Iran |
| 2006-08-04 |
| The Bush administration has imposed sanctions against seven foreign companies, including two from India and two from Russia, for business dealings with Iran involving sensitive technology, according to an announcement Friday. Also subject to sanctions were two companies from North Korea and one from Cuba. All seven were found to be in violation of the Iran Nonproliferation Act of 2000. The announcement in the Federal Register, which reports on official actions by the U.S. government, said the two Indian companies were Balaji Amines Ltd. and Prachi Poly Products Ltd., both chemical manufacturers. The Russian companies were Rosoboronexport and Sukhoi. Also sanctioned were Korean Mining and Industrial Development Corp. and Korea Pugang Trading Corp., both North Korean. The Cuban company was the Center for Genetic Engineering and Biotechnology. Under the sanctions, U.S. government dealings with any of the seven are prohibited. Y'all have been warned. Best to cut ties immediately! |
| Posted by:trailing wife |