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China Objects to US Sanctions on Companies for Aiding Iranian Procurement

China’s Ministry of Commerce criticized recent U.S. sanctions targeting companies in China and Hong Kong for helping Iran procure missile parts and technology (see 2306060043), saying the allegations lack “factual basis and due process.” The U.S. should stop its “unreasonable…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

suppression of Chinese companies and individuals,” a ministry spokesperson said June 12, according to an unofficial translation. “China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies and individuals.”