UK Removes Sanctions From Company Working at Iranian Plant
The United Kingdom’s Office of Financial Sanctions Implementation on Nov. 16 removed sanctions from Neda Industrial Group to align with the European Union, which lifted the designation last week (see 2011160010). The U.K. said Neda Industrial Group is an “industrial automation company” that has worked for Kalaye Electric Company at the uranium fuel enrichment plant in Natanz, Iran. Kalaye has been involved in centrifuge component production.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.