U.S. Government Imposes Sanctions on China Xinshidai Company
On September 20, 2004, the U.S. State Department's Bureau of Nonproliferation imposed sanctions on China Xinshdai Company for providing material and technical expertise to a country for use in programs capable of delivering weapons of mass destruction.
Xinshidai, which means "new era" in English, markets equipment for many of China's largert state owned firms and is one of China's two primary organizations involved in the arms trade. Xinshidai is an intermediate level supervisory body for missile sales and has jurisdiction over six major Chinese defense industry trading companies. Xinshidai is affilated with North China Industries Corporation (NORINCO), which is also subject to U.S. sanctions for engaging in proliferation activities.
The sanctions imposed include the prohibition on the importation of Xinshidai goods into the U.S. and the prohibition of all U.S. Government contracts with Xinshidai. In addition, the U.S. will deny all license applications seeking to export or import defense articles to or from Xinshidai.
The State Department's debarment notice can be found at:
http://a257.g.akamaitech.net/7/257/2422/06jun20041800/edocket.access.gpo.gov/2004/04-21079.htm
The specific reference to the sanctions imposed on Xinshidai can be found on the Exluded Parties List System (EPLS) at: www.epls.gov/epls/servlet/EPLSGetInputSearch/UDUXTRUKKKSXPBTQKWEDTIQPJKPBDJFY.
|posted by Douglas N. Jacobson| Permalink 
