AIRLINK 142.41 Decreased By ▼ -2.09 (-1.45%)
BOP 10.13 Decreased By ▼ -0.03 (-0.3%)
CNERGY 7.11 Decreased By ▼ -0.07 (-0.97%)
CPHL 81.55 Increased By ▲ 0.15 (0.18%)
FCCL 44.71 Decreased By ▼ -0.04 (-0.09%)
FFL 15.10 No Change ▼ 0.00 (0%)
FLYNG 53.33 Increased By ▲ 0.42 (0.79%)
HUBC 136.05 Increased By ▲ 1.70 (1.27%)
HUMNL 11.12 Increased By ▲ 0.09 (0.82%)
KEL 5.13 Increased By ▲ 0.08 (1.58%)
KOSM 5.54 Decreased By ▼ -0.06 (-1.07%)
MLCF 81.35 Increased By ▲ 1.85 (2.33%)
OGDC 212.25 Increased By ▲ 1.45 (0.69%)
PACE 5.53 Decreased By ▼ -0.17 (-2.98%)
PAEL 38.87 Decreased By ▼ -0.73 (-1.84%)
PIAHCLA 22.06 Increased By ▲ 0.36 (1.66%)
PIBTL 8.03 Decreased By ▼ -0.12 (-1.47%)
POWER 13.57 Increased By ▲ 0.07 (0.52%)
PPL 163.63 Increased By ▲ 1.63 (1.01%)
PRL 32.21 Increased By ▲ 0.01 (0.03%)
PTC 23.43 Decreased By ▼ -0.02 (-0.09%)
SEARL 84.58 Increased By ▲ 0.08 (0.09%)
SSGC 43.00 Decreased By ▼ -0.06 (-0.14%)
SYM 14.20 Decreased By ▼ -0.25 (-1.73%)
TELE 7.35 Decreased By ▼ -0.14 (-1.87%)
TPLP 9.27 Decreased By ▼ -0.12 (-1.28%)
TRG 56.68 Decreased By ▼ -4.92 (-7.99%)
WAVESAPP 9.06 Increased By ▲ 0.06 (0.67%)
WTL 1.45 Decreased By ▼ -0.04 (-2.68%)
YOUW 4.74 Increased By ▲ 0.29 (6.52%)
BR100 12,933 Increased By 10 (0.08%)
BR30 37,084 Increased By 110.3 (0.3%)
KSE100 120,023 Increased By 20.7 (0.02%)
KSE30 36,533 Increased By 91.5 (0.25%)

The U.S. State Department on Thursday imposed sanctions on a Chinese research institute and several companies it said have been involved in supplying Pakistan’s ballistic missile program.

Washington similarly targeted three China-based companies with sanctions in October 2023 for supplying missile-applicable items to Pakistan.

Department spokesperson Matthew Miller said in a statement that the Beijing Research Institute of Automation for Machine Building Industry had worked with Pakistan to procure equipment for testing rocket motors for the Shaheen-3 and Ababeel systems and potentially for larger systems.

Alleged supplies to missile programme: US imposes ban on four entities

The sanctions also targeted China-based firms Hubei Huachangda Intelligent Equipment Co, Universal Enterprise, and Xi’an Longde Technology Development Co, alongside Pakistan-based Innovative Equipment and a Chinese national, for knowingly transferring equipment under missile technology restrictions, Miller said.

“As today’s actions demonstrate, the United States will continue to act against proliferation and associated procurement activities of concern, wherever they occur,” Miller said.

The embassies of China and Pakistan in Washington did not immediately respond to requests for comment.

Comments

Comments are closed.

Willow Sep 13, 2024 09:10am
SBP is moving cautiously on intrests rate cuts, seeing wider national considerations. Their will be more reductions on similar pattern.
thumb_up Recommended (0)
Khadim Hussain Sep 13, 2024 05:00pm
Pakistan must go into gas pipe line with Iran. Also further enhance good business relationships with china as well as Russia.
thumb_up Recommended (0)
Waqas Khan Sep 13, 2024 11:20pm
America is hypocritical selfish country us should sanction on Indian based blastic missile companies why only Pakistan and China What's the nonsense??
thumb_up Recommended (0)
M Moaz Sep 14, 2024 02:47pm
Who cares about US sanctions?
thumb_up Recommended (0)
shakeel Ahmed Hashmi Sep 14, 2024 03:22pm
US is governed by Israel. Long range missiles are not only feared by India, it is also feared by Israel, hence sanction. US has destroyed economy of Pakistan by imposing sanctions on Iran.
thumb_up Recommended (0)
Ali Sep 15, 2024 12:35am
Thank you USA, an aid-dependent country shouldn't be spending on arms and instead be focussing on giving life to it's lifeless citizens.
thumb_up Recommended (0)