East Asia Trading

PRC-based East Asia Trading Import and Export Trade Co., Ltd. facilitated a shipment of petroleum to a foreign customer for NIOC and its marketing arm, NICO

Country:

China  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
In late 2021, PRC-based East Asia Trading Import and Export Trade Co., Ltd. facilitated a shipment of petroleum to a foreign customer for NIOC and its marketing arm, NICO. East Asia General Trading Co. Ltd. has also served as a front to facilitate the payment of debt worth tens of millions of dollars from the sale of oil by NIOC.

NIOC was designated pursuant to the counterterrorism authority E.O. 13224 on October 26, 2020 for its support to the IRGC-Qods Force. NIOC is also identified pursuant to E.O. 13599 as being owned or controlled by the Government of Iran. NICO is also identified pursuant to E.O. 13599 for being owned or controlled by the Government of Iran.

According to their official website:
“EAST ASIA TRADING Import and Export Trade Co., Ltd. is a trading company located in China. We have established longer and closer working relationships with our clients and supplier not only provide immediate and reliable service but to continually exceed expectations and goals. We create commercial flows, import and export products, arranging and managing international projects with our partners. Our mission is to achieve world-class performance and standards in what we do in order to keep the heritage of our distinguished brand name in the market. Supported our network, we are able to integrate all these functions with our experience. Our numerous competencies allow us to respond to the needs of industries looking for a new market. We look forward to welcoming you to our company and work to develop and enhance your current business. “

Industry:
Oil Industry

Also Known As:
East Asia Trading Import and Export Trade Co., Ltd.
EAST ASIA GENERAL TRADING CO. LTD.
EAST ASIA TRADING

Organization Established Date:
12 Jun 2019

Country:
China

Address:
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands
No. 815, Duhui Plaza, Zhonghang Road, Futian District, Shenzhen, Guangdong, China

Website:
www.eastasiatrading.net

Website:
info@eastasiatrading.net

Registration Number:
101444 (Marshall Islands)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 17, 2022 pursuant to Executive Order 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of NICO;