Asia News in Brief
Asia News in Brief
The Bush administration is punishing nine foreign companies – six of them in China, two in India – for selling missile goods and chemical arms material to Iran.
In making the announcement Tuesday, State Department spokesman Adam Ereli said the sanctions were based on “credible evidence,'’ which he did not disclose.
The other company sanctioned is in Austria.
As a result, Ereli said, the United States will not provide export licenses to the companies for doing business in the United States and will ban U.S. government purchases from them.
The Chinese companies named by Ereli are China Aerotechnology Import Export, missile exporter China North Industries, Zibo Chemet Equipment, Hongdu Aviation Industry Group, Ounion International Economic and Technical Cooperative and Limmt Metallurgy and Minerals.
The two sanctioned Indian companies are Sabero Organics Chemical and Sandhya Organics Chemical.
The Austrian firm is Steyr-Mannlicher, which makes assault weapons.
More: mercurynews.com
