US sanctions Chinese, Russian firms over Iran dealings

The US on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran's missile program.

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"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 PRC (China) and Russia, that provide missile-related materials and technology to Iran," said Pompeo. Pictured Above: Secretary of State Mike Pompeo speaks during a news conference at the State Department in Washington,DC on July 15, 2020. (Photo by Andrew Harnik / POOL / AFP)

2020-11-28 09:33:38

The US on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran's missile program.

The four firms, accused of "transferring sensitive technology and items to Iran's missile program," will be subject to restrictions on US government aid and on their exports for two years, Secretary of State Mike Pompeo said in a statement.

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