US imposes sanctions on Russian, Chinese companies for supporting Iranian missile programme
Source: Economic Times
Last Updated: Nov 28, 2020, 12:01 PM IST
WASHINGTON: The US has imposed sanctions on four companies from China and Russia for supporting Iran's missile programme that remains a "significant proliferation concern," Secretary of State Mike Pompeo has said.
The announcement was made on Friday as the US continues to take tough measures against Iran for continuing their activities related to nuclear arms.
The US has sanctioned four entities in China and Russia for their support of Iran's missile programme, which remains a significant proliferation concern. We will continue to use all our sanctions tools to prevent Iran from advancing its missile capabilities, Pompeo said.
. . .
We will continue to work to impede Iran's missile development efforts and use our sanctions authorities to spotlight the foreign suppliers, such as these entities in the People's Republic of China and Russia that provide missile-related materials and technology to Iran. The sanctions imposed include restrictions on US government procurement, US government assistance, and exports and will be in effect for two years, he said.
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