December 10, 2022
News

US blacklists Chinese firm suspected of violating sanctions against North Korea

New export controls apply to Chinese manufacturer of specialized metallic powder used in ballistic missiles

The U.S. on Monday slapped stiff export controls on a Chinese company accused of violating sanctions against North Korea, a move likely aimed at cutting off a potential supplier of sensitive industrial goods to Pyongyang.

According to a ruling from the Department of Commerce (DOC), the U.S. placed the export controls on Jiangsu Tianyuan Metal Powder Co. Ltd. for activities sanctionable under the Iran, North Korea and Syria Nonproliferation Act (INKSNA).