The U.S. Treasury Department on Oct. 18 added to its sanctions list a number of individuals and companies for their involvement in supporting Iran’s missile and drone projects. The new entrants are 11 individuals, eight entities, and one ship, from Iran, Venezuela, mainland China, and Hong Kong, involving three Hong Kong companies and one Hong Kong citizen.
The Epoch Times reporter went to the registered addresses of the concerned companies to verify but found that the relevant companies do not have a physical office in Hong Kong, and the company names were just posted in the business centers. In addition to Hong Kong, the other countries named on the new list are Iran, Venezuela, and mainland China. This is also not the first time that companies established in Hong Kong by proxies of mainland China have been sanctioned for doing business with Iran.
