US sanctions 39 entities including Pakistan’s for engagement with Iran

United States of America sanctioned 39 entities including those in Pakistan, United Arab Emirates (UAE), China, Hong Kong, Turkey, Singapore, Marshall Islands, and Iran for their engagement with Iran.

In a message to the Ministry of Foreign Affairs, the US Embassy in Islamabad stated that on March 9, 2023, the US imposed sanctions on organizations that deal in, acquire or ship Iranian petrochemical goods and act as a front for Triliance and the Persian Gulf Petrochemical Industries Co. (PGPICC).

“Alliance Energy (Pvt.) Limited, Pakistan” is a purported firm from Pakistan that is listed.

The 39 firms supported or participated in transactions involving petrochemical goods from Iran which helped the Triliance of PGPICC significantly. In order to avoid US sanctions PGPICC and Triliance engaged in financial transactions.

The Iranian regime’s use of networks to circumvent sanctions will be stopped by the United States, which will keep enforcing sanctions against the country’s commerce in oil and petrochemicals.

These businesses work as front firms and currency exchanges for PGPICC and Triliance and are known to employ sophisticated strategies to assist Iran in dodging sanctions.

The following businesses are named as a result of this action:

(i) Albahr Alaahmar Offshore Refined Oil Product Trading, LLC, UAE; (ii) Albahr Alaahmar Energe FZE, UAE, Alshivan Line Trading FZE, UAE, Bordo Plastic Materials Trading LLC, UAE, Fairtrade Non-Edible Oil and Liquefied Natural Gas Trading LLC, UAE. Famin FZE, UAE, Longford Trading LLC, UAE, Nord Trading LLC, UAE, Shams Alrabeea Chemicals Trading LLC, UAE, Al Kashaf Petroleum and Petrochemical Trading LLC, UAE, Sparrow Trading FZE, UAE, Greenland Oil and Gas Trading FZE, UAE, Bavi General Trading, UAE, Hong Kong Well International Trading Limited, Hong Kong SAR, PRC, Foraben Trading Limited, Hong Kong SAR, PRC, Nashville HK Limited, Hong Kong SAR, PRC, Salita Trade Limited, Hong Kong SAR, PRC, United Resources Co, Limited, Hong Kong SAR, PRC, QI Group Limited, Hong Kong SAR, PRC, Univest Limited, Hong Kong SAR, PRC, Multi Well Trading Co, Limited, Hong Kong SAR, PRC, Goldenix Co, Limited, Hong Kong SAR, PRC, HK Sihai Yingtong Industry Col, Limited, Hong Kong SAR, PRC, Ningbo More Interest I/E Co, Ltd, PRC, Hongkong Canway Co Limited, Hong Kong SAR, PRC, Jin Xin Nuo Trading Limited, Hong Kong SAR, PRC, Horryzin International Trade Co, Hong Kong SAR, PRC, Melikal for Medical and Medicine Trading Co, Limited, Hong Kong SAR, PRC and Marafi International Trading Co, Limited, Hong Kong SAR, PRC etc.