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US imposes sanctions on Armenian and Georgian companies for Iran links

Kosovo trade barriers

The Bureau of Industry and Security (BIS) of the US Department of Commerce has imposed sanctions on two Armenian firms and a Georgian company for illegally exporting sensitive items to Iran, the Armenian and Georgian media have reported.

The companies, Yerevan Telecommunications Research Institute (YETRI), Markel, and Georgia Petrochemical and Aviatech join fourteen others from various countries on a list of firms who will now be banned from purchasing US products.

Source: emerging-europe

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