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If they were a Chinese entity, why would they have to follow US issued sanctions? I assume because they conducted business in USD and/or were paid in USD? If I
by charlesdm 9y ago
If they were a Chinese entity, why would they have to follow US issued sanctions? I assume because they conducted business in USD and/or were paid in USD?
If I'm a European, I'll happily sell stuff to Iran if that means I'll make a profit. US sanctions do not apply to me.
- rayiner 9y ago> If they were a Chinese entity, why would they have to follow US issued sanctions? Because they are a Chinese entity that buys U.S. made components in the U.S., and violated associated controls on the export of those components.
- wbl 9y agoThen you can't use US components in things you send on after saying you wouldn't.
- tssva 9y agoThe EU also has significant sanctions in place regarding Iran.