The United States on Monday said it had blacklisted two Chinese individuals and six Chinese companies for entering into an agreement with the Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) and, in some cases, the United States. It helped him avoid sanctions.
The
State Department named these entities Reach Holding Group (Shanghai) Company
Limited. Reach shipping lines; Delight Shipping Co., Ltd Grace Shipping Company
Limited Noble Shipping Company Limited And Supreme Shipping Company Limited
In
a statement, it also said it had targeted Eric Chen, also known as Chen Guoping,
chief executive of Reach Holding Group (Shanghai) Co., Ltd., and Daniel Yi, the
company's president. Also known as
As
a result of the US Treasury Department's listing of specially designated
citizens, the assets of individuals and entities that come under US
jurisdiction have been frozen’ and Americans have been barred’ from dealing
with them in general.
"Today,
we are repeating a warning to stakeholders around the world: If you do business
with IRISL, you risk US sanctions," Secretary of State Mike Pompeo said in
a statement.
Among
other things, the State Department accused six agencies of providing
"critical goods or services" used in Iran's shipping sector. He also
alleged that Reach Holding Group and its Response Lines unit helped IRISL and
its subsidiaries escape US sanctions.
The
sanctions are the latest in a series of US sanctions imposed since President
Donald Trump's 2015 decision to pull out of the Iran nuclear deal, which has
been attacked’ by six major powers.
Under
the deal, which was aimed’ at preventing Iran from acquiring nuclear weapons,
Tehran pledged to limit its nuclear activities in exchange for a lifting of
economic sanctions.
Trump
says the 2015 deal did not limit Iran's regional and ballistic missile
activities, and that economic pressure will force Tehran to reach a broader
agreement. Iran denies acquiring nuclear weapons
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