Ruan is a Chinese proliferation agent and has supplied SEI with missile-applicable items and technology, to include U.S.-origin goods. Since at least 2015, Ruan has provided SEI with a wide range of missile-related technology and goods that include gyroscopes and other missile-applicable navigation technology. Gyroscopes can be used in missile systems for navigational, guidance, or stabilization purposes.
As part of today’s action, OFAC designated three China-based companies associated with Ruan. Shanghai North Begins International, Shangai Gang Quan Trade Co., and Shanghai North Transway International Trading Co. are being designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, SEI.
Ruan used Shanghai North Begins International to sell $17 million worth of navigation-applicable technology and guidance systems, as well as other dual-use technology to SEI. Ruan, via Shangai Gang Quan Trade, sold goods to SEI. Ruan also used Shanghai North Transway to sell more than $1 million worth of items to SEI.
Matin Sanat Nik Andishan
OFAC sanctioned Iran-based company Matin Sanat Nik Andishan for proliferation activities in support of Iran’s ballistic missile program. Matin Sanat was designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, Iran’s Shahid Hemmat Industries Group (SHIG). SHIG was listed in the Annex of E.O. 13382 on June 28, 2005 and is responsible for Iran’s liquid-fueled ballistic missile program.
Since at least 2011, Matin Sanat has worked to procure a range of ballistic missile-applicable technology and metals for SHIG. Matin Sanat has also conducted transactions with SHIG’s parent company, AIO.
For identifying information on the individuals and entities designated today, click here.
(Source: US Treasury Dept)