A Pakistani Company among 12 added to the US restriction list – Research Snipers

A Pakistani Company among 12 added to the US restriction list

A Pakistani firm has been added among 12 companies to US restriction list. The company is added to the US list of entities subject to specific license requirements for alleged trading in controlled items

US Department of Commerce announced that such restrictions aim at “ensuring that sensitive technologies do not fall into the hands of those who would threaten US national security or American citizens.”

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The name and the location of Pakistani company were not disclosed.

Furthermore, the announcement said, “In total, the additions include four entities with locations in both China and Hong Kong, and a further two Chinese, one Pakistani, and five Emirati persons.”

According to the department’s Bureau of Industry and Security (BIS), the list has names of foreign parties that are subject to certain licensing requirements for the export, re-export and in-country transfer of controlled items.

The official US statement stated that the reason Pakistani company is included is for allegedly, “procuring controlled technology on behalf of that country’s un-safeguarded nuclear activities.”

The names of the companies were not revealed in the statement but it said that those organizations or individuals who have violated these restrictions will face criminal charges and administrative sanctions.

According to Commerce Secretary Wilbur Ross, Trump administration will defend against any action that can harm either American citizens or America’s security.