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US adds 28 Chinese groups to trade blacklist
Other countries
- 03 March, 2023
- 12:17
Washington has put 28 Chinese groups on a trade blacklist for allegedly breaching US sanctions by sending technology for nuclear and missile programs to third countries or procuring banned products for China's military, Report informs, citing Financial Times.
The commerce department placed the groups on its "entity list", which in effect prohibits US companies from supplying them with technology produced in America. Some of the companies were blacklisted for providing technology to an Iranian entity previously targeted by US sanctions.
On Thursday, the US also blacklisted DMT Trading, a company in Belarus, and Neotec Semiconductor in Taiwan for helping Russia bolster its defense industry.
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