U.S. authorities on Wednesday announced the seizure of products believed to be made out of human hair harvested from detainees in Xinjiang, China, as Washington warned companies about potential exposure to Xinjiang-related human rights abuses in their supply chains.
New European Union sanctions designations on nearly a dozen Venezuelans undermining democracy sparked a diplomatic spat between Brussels and Caracas.
The U.S. Treasury Department on Thursday sanctioned companies operating in Iran’s metals sector, a part of the country’s economy seeking to maintain its growth amid downward economic pressure.
The U.S. Treasury Department sanctioned the captains of five tankers that recently delivered Iranian gasoline to Venezuela amid deepening ties between the two countries as they both face increasing U.S. pressure.
A Singaporean commodities trader was charged in Singapore with document falsification as part of an effort to conceal transactions with North Korea-related entities, local media reported.
The U.S. Treasury Department on Wednesday announced sanctions on reconstruction projects in Syria, including one it said was built on land expropriated from people displaced during the country’s nearly decade-long civil war.
Companies operating in Xinjiang’s raw materials industries use prison labor, or exploit government-run “poverty alleviation” programs, and then ship their products across the country for use in goods sold in China and around the world, Kharon found.
The U.S. Treasury Department on Thursday imposed sanctions on a network trading oil with Venezuela in violation of U.S. sanctions.
Iran’s largest aluminum production facility to date opened this spring, even as the U.S. pressures the country’s metals sector with sanctions. The South Aluminum Complex, has an initial production capacity of 300,000 tons per year, according to the South Aluminum Corporation (SALCO), its operating company. SALCO was designated in 2018 when the U.S. reimposed sanctions following its withdrawal from the nuclear deal with Iran.
Iranian steel producers seek to maintain growth in the country’s steel sector amid sudden export struggles brought on by the coronavirus pandemic.