U.S. Penalizes 5 Chinese Firms for Helping to Arm Iran

(New York Times) The Bush administration imposed economic sanctions Thursday on five Chinese firms and a North Korean company that it said had assisted Iran's weapons programs. "In China, in Pakistan, in Russia, you get government cooperation, and then you discover all the side deals that companies have made with rogue states," said one senior administration official. The practical effects of the penalties will be minimal since most of the companies cited by the State Department do no business with the U.S. government because of existing sanctions against them.


2003-07-04 00:00:00

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