China; China

No. 314, Floor 3, Office Building, No. 43, Beijing Road, Qianwan Bonded Zone, Qingdaopian District, China Pilot Free Trade Zone, Qingdao, 266000, Shandong, China; 207, Office Building 52, Tokyo Road, Free Trade Zone, Qingdao, 266555, Shandong, China

91370220MA3PBK173K, Unified Social Credit Code (USCC); 655600CBSJ4ZQ7UW6B35, Legal Entity Number

Hong Kong-based Hong Kong Ke.Do International Trade Co., Limited (Hong Kong Ke.Do) and PRC-based Qingdao Zhongrongtong Trade Development Co., Ltd. (Qingdao ZRT) have together engaged in the sale of tens of millions of dollars’ worth of dual-use, nonferrous metals to P.B. Sadr. PRC-based Wei Zunyi (Wei), who manages both Hong Kong Ke.Do and Qingdao ZRT, represented Hong Kong Ke.Do in this metals deal. Wei also represented Hong Kong Ke.Do in its purchase of tens of millions of dollars’ worth of tugboats, which it procured on behalf of an affiliate of MODAFL’s Marine Industries Organization (MIO) in Iran. MIO was designated pursuant to E.O. 13382 on December 21, 2012, for being owned or controlled by MODAFL.

https://home.treasury.gov/news/press-releases/jy1524

2023-06-06

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

SDN