Seishin banned from exporting for shipping grinding machines to Iran.

From: Kyodo News International (Tokyo, Japan) | Date: November 28, 2006 | Copyright information

Nov. 28--TOKYO -- The government ordered Seishin Enterprise Co. on Tuesday to suspend its exports for two years starting Dec. 5 over its illicit shipment to Iran of jet mill grinding machines that can be used for missile developments.

The Ministry of Economy, Trade and Industry said it slapped the penalty on the Tokyo-based company for violating the Foreign Exchange and Foreign Trade Law.

The two-year export ban is the longest such period to be invoked by the...

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