The US fined a Chinese state-owned company $3 million Monday after it agreed to plead guilty to criminal charges for exporting US-made coatings to a Pakistan nuclear plant against US restrictions. China Nuclear Industry Huaxing Construction Co was charged with allegedly conspiring with the China subsidiary of the US company PPG Industries to deliver high-performance epoxy coatings to the Pakistan nuclear power plant without obtaining permission.
The Chashma II plant, under construction at the time the shipments were made, 2006-07, was on the US Treasury's "Entity List" subjecting it to specific license requirements for exporting certain items to it.