The OverRuled: China Trade Controls Resource Center has been updated with the following actions:
- 29 Nov 2023 (OFAC):
OFAC designated two entities in Hong Kong, pursuant to EO 13224, among other parties based in Iran and United Arab Emirates, for their involvement in financial facilitation networks for the benefit of Iran's Ministry of Defense and Armed Forces Logistics and Iranian Armed Forces General Staff, and the Islamic Revolutionary Guard Corps-Qods Force, which utilize the funds to support Iran's destabilizing regional activities and support of multiple regional proxy groups.
The listed parties in Hong Kong are:
- Puyuan Trade Co., Limited; and
- HK Sihang Haochen Trading Limited
- Puyuan Trade Co., Limited; and
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