US slaps sanctions on Indian firms for supplying banned technology to Iran

Written By DNA Web Team | Updated:

The US government has imposed sanctions on two chemical manufacturers from India - Balaji Amines and Prachi Poly Products.

WASHINGTON: The US government has imposed sanctions on two Indian and five other companies from Russia, North Korea and Cuba for allegedly supplying banned equipment and technology to Iran.

These include two chemical manufacturers from India - Balaji Amines Ltd. and Prachi Poly Products Ltd. But the announcement in the US Federal Register Friday, which lists all government actions, did not specify what items were involved.

Imposed for allegedly violating a law aimed at preventing the spread of weapons of mass destruction to Tehran, the sanctions put a ban on US government procurement and stop American firms from working with affected companies.

Also sanctioned were Russian aircraft manufacturer Sukhoi and Rosoboronexport, a state-controlled arms exporter, Korean Mining and Industrial Development Corporation and Korea Pugang Trading Corporation, both North Korean, and Cuba's Centre for Genetic Engineering and Biotechnology.

The sanctions, however, apply only to the specific entities and their successors, sub-units or subsidiaries and not to their respective countries or governments.

Though listed Friday, the sanctions under the Iran Non-proliferation Act 2000 became effective July 28, a day after the US House of Representatives approved the India-US nuclear deal by an overwhelming 359-68 vote. The Senate has yet to approve the nuclear pact.