Chinese state firm pleads guilty in U.S. over Pakistan nuclear exports
A Chinese state-owned company has pleaded guilty in the United
States and been fined $3 million for conspiring to violate U.S.
nuclear export restrictions on Pakistan, Radio Liberty
reported.
The China Nuclear Industry Huaxing Construction company was charged
with supplying U.S.-manufactured high-temperature coatings to a
Pakistani nuclear power plant, using a distributor in China to
evade U.S. regulations.
The firm pleaded guilty in federal court in Washington on
Monday.
U.S. authorities have imposed a $2 million criminal fine on the
company.
But it will only have to pay half of this amount if completes five
years of U.S. probation.
In a separate agreement with the U.S. Commerce Department, the
company agreed to pay a $1 million fine and be audited to ensure
compliance with U.S. laws.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!