US sanctions Chinese, S.African companies over Iran, petrochemicals

Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018. (Reuters)
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Updated 18 March 2020
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US sanctions Chinese, S.African companies over Iran, petrochemicals

WASHINGTON: The United States has targeted a number of Chinese, Hong Kong and South African companies in a fresh round of Iran-related sanctions regarding petrochemicals, according to the US State Department said in a statement on Wednesday.
The entities targeted include Hong Kong-based Mcfly Plastic Hk Ltd, Saturn Oasis Co, Sea Charming Shipping Company Ltd; South Africa's SPI International Proprietary Ltd And Main Street 1095; and Chinese companies Dalian Golden Sun Import & Export Co. Ltd., Tianyi International (Dalian) Co. Ltd. and Aoxing Ship Management (Shanghai) Ltd.
The sanctions also targeted Iranian entity Armed Forces Social Security Investment Company, the statement said. 


UN urges Ethiopia, Eritrea to respect border pact

Cars drive along a highway decorated with street lights, in Addis Ababa, Ethiopia, Sept. 6, 2025. (AP)
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UN urges Ethiopia, Eritrea to respect border pact

  • Ethiopian Prime Minister Abiy Ahmed, in power since 2018, won the Nobel Peace Prize the following year for signing a peace deal with Eritrean President Isaias Afwerki, who has ruled the country since 1993
  • The two countries have had strained relations since then, with fighting flaring up again in Ethiopia’s war-scarred Tigray region

ADDIS ABABA: The UN has urged Ethiopia and Eritrea to respect each other’s territorial integrity, voicing concern over “renewed tensions” between the two neighboring countries.
For months, the Horn of Africa nations have traded accusations of destabilization, raising the spectre of a new war.
Eritrea, which gained independence from Ethiopia in 1993 after a protracted armed struggle, accuses its landlocked neighbor of seeking to control its Assab port.
Ethiopian authorities, meanwhile, say Eritrea is “actively preparing for war” and funding armed groups fighting federal forces.
UN chief Antonio Guterres urged both sides to “recommit to the vision of lasting peace and the respect for sovereignty and territorial integrity” under the Algiers Agreement, which ended a border war that killed tens of thousands between 1998 and 2000, his spokesman Stephane Dujarric said in a statement.
The two countries have had strained relations since then, with fighting flaring up again in Ethiopia’s war-scarred Tigray region.
Ethiopia’s most northerly region, bordering Eritrea, saw a devastating war between 2020 and 2022, which claimed up to 600,000 lives, according to some estimates.
Ethiopian Prime Minister Abiy Ahmed, in power since 2018, won the Nobel Peace Prize the following year for signing a peace deal with Eritrean President Isaias Afwerki, who has ruled the country since 1993.
But ties have soured again since the deal, despite the two sides joining forces against the Tigrayans during the war.
Eritrea, whose forces were accused of widespread atrocities during the fighting, was not a party to the agreement between Addis Ababa and Asmara’s enemies, the Tigray People’s Liberation Front.
Meanwhile, Eritrea on Friday announced it was leaving the East African bloc IGAD, accusing it of failing to maintain regional stability.
“IGAD has not only failed to meet the aspirations of the peoples of the region, but instead played a deleterious role, becoming a tool against targeted member states, particularly Eritrea,” the Foreign Ministry said in a statement.