Hong Kong

Shop 185, Ground Floor, Hang Wai Ind. Centre, No. 6 Kin Tai St., Tuen Mun, N.T., Hong Kong, China

3251687, Company Number

Advantage Trading Co., Limited (Advantage Trading) is a Hong Kong-based front company incorporated by PKGB in 2023. PKGB has used Advantage Trading to procure U.S.- and Western-origin microelectronics and aviation parts with UAV applications. FYIT, Duling Technology, and Advantage Trading were designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological or other support for, or goods or services in support of, PKGB.

https://home.treasury.gov/news/press-releases/jy2073

2024-02-02

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