The US government imposed sanctions on 2 Indian and 5 other companies from Russia, North Korea, and Cuba for allegedly supplying banned equipment and technology to Iran held illegal by US laws but did not say what these items were. The two Indian chemical companies citied were Balaji Amines Ltd. and Prachi Poly Products Ltd.
Aimed at stopping the spread of weapons of mass destruction, US law prohibits American companies from exporting dual use products and items to Iran. But the US Government feels free to apply this law to any company in the world. The sanctions apply only to the specific entities and their successors, sub-units or subsidiaries and not to their respective countries or governments.
The Washington Post accused the Bush administration of hiding a “secret decision” to impose sanctions on the two Indian firms before the House vote to avoid criticism during the debate on the floor.