Burst! The United States announced sanctions on many Chinese companies and individuals, including th
- Author:Josie
- Source:Souair
- Release Date:2020-09-05
As the United States restarts its toughest economic sanctions against Iran in its history, Chinese foreign trade companies must pay attention to their exports to Iran. Just now, the United States once again announced sanctions on 6 Chinese companies and 2 individuals!
On the 3rd local time, the United States announced sanctions on 11 foreign companies and 3 individuals, accusing them of violating US sanctions against Iran and helping Iran export oil, petroleum products and petrochemical products, including 6 Chinese companies (5 of them are registered in Hong Kong). Company, one is a mainland company) and two Chinese individuals.
Burst! The United States announced sanctions on many Chinese companies and individuals, including three shipping and logistics companies!
According to the sanctioned entities and personal information released by the U.S. Department of the Treasury, the list includes 5 companies registered in Hong Kong, 1 company headquartered in Shanghai, and 2 Chinese individuals. The list of entities is as follows:
6 Chinese companies:
NEW FAR INTERNATIONAL LOGISTICS LIMITED (Chinese Traditional: 新达国际物流有限公司) (a.k.a. NEW FAR INTERNATIONAL LOGISTICS LTD; a.k.a. "NEW FAR INTERNATIONAL"), Wan Chai, Hong Kong;
SINO ENERGY SHIPPING HONGKONG LIMITED (Chinese Traditional: Zhongneng Shipping Hong Kong Limited; Chinese Simplified: Zhongneng Shipping Hong Kong Limited) (a.k.a. SINO ENERGY SHIPPING (HONG KONG) LTD;
ZHIHANG SHIP MANAGEMENT SHANGHAI CO LTD (Chinese Simplified: Shanghai Zhihang Ship Management Co., Ltd.) (a.k.a. SHANGHAI ZHIHANG SHIP MANAGEMENT CO., LTD.; a.k.a. ZHIHANG SHIP MANAGEMENT), Pudong Nanlu, Pudong Xinqu, Shanghai 200120, China;
DINRIN LIMITED, Hong Kong; Business Registration Number 2849056 (Hong Kong) [IRAN-EO13846] (Linked To: ZAGROS PETROCHEMICAL).
DYNAPEX ENERGY LIMITED (fka SINGH DAILY CULTURE PRESS LIMITED; fka SINGH SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LIMITED), Flat/Rm 1105 11/F, Hua Qin International Building, 340 Queen's Road Central, Hong Kong; Business Registration Number 2066820 (Hong Kong) [IRAN-EO13846] (Linked To: TRILIANCE PETROCHEMICAL CO. LTD.).
JINGHO TECHNOLOGY CO. LIMITED, Hong Kong; Business Registration Number 2088397 (Hong Kong) [IRAN-EO13846] (Linked To: TRILIANCE PETROCHEMICAL CO. LTD.).
2 Chinese individuals:
LIN, Zuoyou (Chinese Simplified: 林作友), Jinxing Village, Shitang Town, Wenling City, Zhejiang, China;
SHI, Min (Chinese Simplified: 石敏), Longhua Town, Xuhui District, Shanghai City, China;
According to the announcement of the U.S. Treasury Department, the U.S. government will freeze all U.S. assets of entities and individuals included in the sanctions blacklist, and prohibit Americans from doing business with them. In addition, foreign financial institutions that conduct transactions with the above-mentioned sanctioned entities and those who provide material or certain other support to the sanctioned entities will also face the risk of US sanctions.
According to a statement published on the U.S. Department of the Treasury website, sanctions were imposed on five other entities because they were knowingly engaged in major transactions to purchase, acquire, sell, transport, or sell Iranian oil or petroleum products. They are accused of facilitating the transportation and sale of Iranian petrochemical products.
Burst! The United States announced sanctions against many Chinese companies and individuals, including three shipping and logistics companies!
US Treasury Secretary Steven Mnuchin said, “The Trump administration remains committed to fighting those who help Iran evade US sanctions by illegally selling Iranian petroleum products around the world.”
Prior to this, the United States had imposed sanctions on Chinese companies several times on the grounds of ties to Iran. In May of this year, the United States announced sanctions on a logistics company located in Shanghai, China. This company is said to have cooperated with Iran Mahan Airlines, which was blacklisted by the United States.
In January 2020, the United States OFAC sanctioned Triliance and three other petrochemical and oil companies, and stated that “these companies transferred exports worth hundreds of millions of dollars from the National Iranian Oil Company (NIOC).” The agency also stated that Iran’s Petrochemical sales are still an important source of income for Iran, and it is accused of helping Iran "fund destabilization, support corrupt regimes and terrorist organizations across the Middle East, and recently also Venezuela."
On the 3rd local time, the United States announced sanctions on 11 foreign companies and 3 individuals, accusing them of violating US sanctions against Iran and helping Iran export oil, petroleum products and petrochemical products, including 6 Chinese companies (5 of them are registered in Hong Kong). Company, one is a mainland company) and two Chinese individuals.
Burst! The United States announced sanctions on many Chinese companies and individuals, including three shipping and logistics companies!
According to the sanctioned entities and personal information released by the U.S. Department of the Treasury, the list includes 5 companies registered in Hong Kong, 1 company headquartered in Shanghai, and 2 Chinese individuals. The list of entities is as follows:
6 Chinese companies:
NEW FAR INTERNATIONAL LOGISTICS LIMITED (Chinese Traditional: 新达国际物流有限公司) (a.k.a. NEW FAR INTERNATIONAL LOGISTICS LTD; a.k.a. "NEW FAR INTERNATIONAL"), Wan Chai, Hong Kong;
SINO ENERGY SHIPPING HONGKONG LIMITED (Chinese Traditional: Zhongneng Shipping Hong Kong Limited; Chinese Simplified: Zhongneng Shipping Hong Kong Limited) (a.k.a. SINO ENERGY SHIPPING (HONG KONG) LTD;
ZHIHANG SHIP MANAGEMENT SHANGHAI CO LTD (Chinese Simplified: Shanghai Zhihang Ship Management Co., Ltd.) (a.k.a. SHANGHAI ZHIHANG SHIP MANAGEMENT CO., LTD.; a.k.a. ZHIHANG SHIP MANAGEMENT), Pudong Nanlu, Pudong Xinqu, Shanghai 200120, China;
DINRIN LIMITED, Hong Kong; Business Registration Number 2849056 (Hong Kong) [IRAN-EO13846] (Linked To: ZAGROS PETROCHEMICAL).
DYNAPEX ENERGY LIMITED (fka SINGH DAILY CULTURE PRESS LIMITED; fka SINGH SCIENCE AND TECHNOLOGY DEVELOPMENT CO., LIMITED), Flat/Rm 1105 11/F, Hua Qin International Building, 340 Queen's Road Central, Hong Kong; Business Registration Number 2066820 (Hong Kong) [IRAN-EO13846] (Linked To: TRILIANCE PETROCHEMICAL CO. LTD.).
JINGHO TECHNOLOGY CO. LIMITED, Hong Kong; Business Registration Number 2088397 (Hong Kong) [IRAN-EO13846] (Linked To: TRILIANCE PETROCHEMICAL CO. LTD.).
2 Chinese individuals:
LIN, Zuoyou (Chinese Simplified: 林作友), Jinxing Village, Shitang Town, Wenling City, Zhejiang, China;
SHI, Min (Chinese Simplified: 石敏), Longhua Town, Xuhui District, Shanghai City, China;
According to the announcement of the U.S. Treasury Department, the U.S. government will freeze all U.S. assets of entities and individuals included in the sanctions blacklist, and prohibit Americans from doing business with them. In addition, foreign financial institutions that conduct transactions with the above-mentioned sanctioned entities and those who provide material or certain other support to the sanctioned entities will also face the risk of US sanctions.
According to a statement published on the U.S. Department of the Treasury website, sanctions were imposed on five other entities because they were knowingly engaged in major transactions to purchase, acquire, sell, transport, or sell Iranian oil or petroleum products. They are accused of facilitating the transportation and sale of Iranian petrochemical products.
Burst! The United States announced sanctions against many Chinese companies and individuals, including three shipping and logistics companies!
US Treasury Secretary Steven Mnuchin said, “The Trump administration remains committed to fighting those who help Iran evade US sanctions by illegally selling Iranian petroleum products around the world.”
Prior to this, the United States had imposed sanctions on Chinese companies several times on the grounds of ties to Iran. In May of this year, the United States announced sanctions on a logistics company located in Shanghai, China. This company is said to have cooperated with Iran Mahan Airlines, which was blacklisted by the United States.
In January 2020, the United States OFAC sanctioned Triliance and three other petrochemical and oil companies, and stated that “these companies transferred exports worth hundreds of millions of dollars from the National Iranian Oil Company (NIOC).” The agency also stated that Iran’s Petrochemical sales are still an important source of income for Iran, and it is accused of helping Iran "fund destabilization, support corrupt regimes and terrorist organizations across the Middle East, and recently also Venezuela."