Thai firm to pay settlement money to US for violations of Iran sanctions
A Bangkok-based plastics firm sanctioned by the US Treasury has agreed to pay $20 million to settle with the US. SCG Plastics Co. used US banks in the sale of $291 million worth of high-density polyethylene resin from Iran between 2017 and 2018, according to a settlement agreement signed between the Treasury’s Office of Foreign […]
US sanctions on Chinese and Belarusian firms supplying missile technology to Pakistan
The US has announced sanctions against Chinese and Belarusian companies supplying missile technology to Pakistan. China is the main supplier of weapons and defence equipment to Pakistan’s military modernisation programme. The US State Department announced sanctions against three companies based in China and one from Belarus for supplying missile-applicable products for Pakistan’s ballistic missile programme, […]
US to launch new North Korea sanctions monitoring regime by May
The US Ambassador to the United Nations described their new moves on sanctions in a statement on Friday. Linda Thomas-Greenfield announced that they hope to find a new way to ensure that sanctions are imposed on North Korea by next month after Russia and China blocked the renewal of monitoring activities. Thomas-Greenfield said Washington and […]
Canada responds to conflict in Sudan with sanctions
As the conflict between the Sudan Armed Forces (SAF) and the Rapid Support Forces (RSF) in Sudan completed its first year, the Canadian government announced sanctions against the country. The sanctions targeted individuals and organisations. Underlining that there are widespread reports of sexual and gender-based violence in Darfur, especially against women and girls, the official […]
President Biden’s decision on US sanctions against Venezuela expected
This week is critical for Venezuela. While Venezuela’s authoritarian regime continues to crack down on dissidents, the US government will decide by Thursday to re-impose sanctions on the country’s vital oil industry. In October 2023, sanctions were temporarily suspended on the condition that Venezuela take steps towards a free and fair presidential election. However, analysts […]