Info:
The U.S. Department of State is imposing sanctions on Global Industrial and Engineering Supply Ltd. pursuant to section 1245 of the Iran Freedom and Counter-Proliferation Act. In 2019, Global Industrial and Engineering Supply Ltd., an entity with addresses in mainland China and Hong Kong, knowingly transferred 300 metric tons of graphite to an Iranian entity (the Islamic Republic of Iran Shipping Lines) included on the SDN List. Graphite is a critical material for Iran’s metals industry. As a result, OFAC is listing Global Industrial and Engineering Supply Ltd. on the SDN List.
Industry:
Mining Industry
Also Known As:
Global Industrial and Engineering Supply Ltd.
Global Industrial and Engineering Supply Limited
GIES Group
Country:
China
Address:
Unit 04, Bright Way Tower, No. 33, Mong Kok Road Kowloon, Hong Kong
603-3-3, Miyun Road, Nankai District, Tianjin, China
Unit 902, 9/F, Technology Park, 18 On Lai Street, Shatin, N.T., Hong Kong
Website:
www.giesgroup.
E-mail:
info@giesgroup.com
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 June 25, 2020;