Locally based Super Sources Industrial and owner Wang Chao among list of firms, individuals hit by US sanctions for alleged Iran missile programme support.
The Hong Kong government has reaffirmed its commitment to strictly enforcing UN Security Council sanctions while hitting out at the United States’ unilateral decision to penalise a company based in the city for allegedly supporting Iran’s ballistic missile programme.
A government spokesman said on Thursday that restrictions imposed by the United Nation’s Security Council on Iran were fully implemented in Hong Kong under the UN Sanctions (Joint Comprehensive Plan of Action–Iran) Regulation.
“On the other hand, we do not implement restrictions outside United Nations Security Council’s requirements but imposed unilaterally by other countries,” the spokesman said.
Hong Kong-based Super Sources Industrial and its director and sole owner Wang Chao were among those included in a fresh round of sanctions involving six individuals and 12 companies announced by the US Treasury on Wednesday. They were accused of supporting Iran’s oil industry and nuclear programme.
According to Hong Kong’s Companies Registry, Super Sources Industrial was incorporated in August 2019 as a private company limited by shares and located in Tsim Sha Tsui. The record also shows Yungtai Business (HK) Limited was registered as the company secretary at the same address.
The two companies did not have official websites.
Wang is also the majority owner of China-based Reso Trading Shanghai, which was also on the sanctions list. A legal representative of Reso Trading identified as Wang Piao, a Chinese national, was also targeted.
“Reso Trading has exported missile-applicable aramid fibre to Iran-based entities affiliated with the Islamic Revolutionary Guard Corps,” the US Treasury Department said.
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