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U.S. Sanctions Indian Firms for Missile-Related Proliferation to Iran

July 31, 2006 :: Reuters :: News

The U.S. will impose sanctions on two private Indian companies for missile-related transactions with Iran, reports Reuters. The identity of the Indian firms has not yet been released, although one U.S. official said that the transfers took place in the first half of 2005 and involved “dual-use items related to missiles.” Since 2003, the U.S. has filed at least eight non-proliferations sanctions against at least seven Indian companies or persons, not including the two new firms. By comparison, the U.S. has sanctioned Chinese companies 70 times over the past six years. (Article)

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