US bans four Chinese companies for aiding Iran

By
June 13, 2006 21:56

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The United States on Tuesday prohibited all transactions with four Chinese companies and one US company for allegedly helping Iran acquire weapons of mass destruction and missiles capable of delivering them. "The companies targeted today have supplied Iran's military and Iranian proliferators with missile-related and dual-use components," said Stuart Levey, undersecretary for terrorism and financial intelligence at the US Treasury. He urged governments worldwide to take appropriate measures to ensure that their companies and financial institutions are not facilitating Iran's proliferation activities. Three of the Chinese companies are Bejing Alite Technologies Company, Ltd; LIMMT Economic and Trade Company, Ltd and Great Wall Industry Corproration. The company with US connections is China National Precision Machinery Import/Export Corporation, whose US representative is G.W. Aerospace, Inc., based in California.

Related Content

July 18, 2018
Zuckerberg: Facebook won’t delete Holocaust denial posts

By BEN SALES/JTA