US imposes sanctions on six Pak companies unsafeguarded nuclear activities
The US on Thursday designated six companies based in Pakistan on its entity list for unsafeguarded nuclear and missile proliferation activities.
The Department of Commerce added as many as 24 companies to the entities list including those from Pakistan, Latvia, Russia, Singapore, Switzerland and United Arab Emirates.
Companies based out of Pakistan are Dynamic Engineering Corporation, EnerQuip Private, Ltd., NAR Technologies General Trading LLC, Trojans, Rainbow Solutions, and Universal Drilling Engineers.
According to a federal register notification, Dynamic Engineering Corporation has been added to the 'Entity List' because it poses an unacceptable risk of using or diverting export control items to Pakistan's unsafeguarded nuclear activities, contrary to the national security and foreign policy interests of the United States.
Same is the case with Rainbow Solutions, while EnerQuip Private, Ltd., and Universal Drilling Engineers have been added to the list based on their ...