China Precision Machinery Import-Export Corporation (CPMIEC, ) is a

Chinese Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of ...

defense company that acts as one of a number of authorized defense trading companies. It represents the domestic defense manufacturing industry in the export of arms and technology in missile and air defense systems.

Turkish air defense system

In a notable announcement in September 2013, Turkey, a member of the

NATO The North Atlantic Treaty Organization (NATO, ; french: Organisation du traité de l'Atlantique nord, ), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two No ...

alliance, declared its intention to acquire the

HQ-9 The HQ-9 () is a long-range semi-active radar homing (SARH) surface-to-air missile (SAM) developed by the People's Republic of China. The naval variant is the HHQ-9 (). Description The HQ-9 is a derivative of the Russian S-300. Justin Bronk d ...

missile defense system from the company, in a deal valued at 3.44 billion

US dollar The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

. CPMIEC was selected against three other competitors. The

Aster 30 Aster or ASTER may refer to: Biology * ''Aster'' (genus), a genus of flowering plants ** List of ''Aster'' synonyms, other genera formerly included in ''Aster'' and still called asters in English * Aster (cell biology), a cellular structure shap ...

missile with SAMP/T launcher from the Italo-French consortium

Eurosam Eurosam GIE is a European manufacturer of anti-air missiles. Eurosam was established in June 1989 for the development of the ''Famille de missiles Sol-Air Futurs'' (Future Surface-to-Air Family of missiles or FSAF). Eurosam was initially a joint ...

came second with a price tag of US$4.4 billion, the Patriot missile defense system offered by

Lockheed Martin The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It ...

and

Raytheon Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitaliza ...

came third at a cost of US$5 billion and the S-300 system from the Russian

Rosoboronexport JSC Rosoboronexport (russian: AO Рособоронэкспорт, ''Rosoboroneksport'') is the sole state intermediary agency for Russia's exports/imports of defense-related and dual use products, technologies and services. The Rosoboronexport F ...

fourth in the competition. Following high level pressure by other NATO members, Turkey relented and announced giving up on the deal in November 2015. Earlier on February 20, 2015, the Turkish defense minister

Ismet Yilmaz Ismet ( tr, İsmet) is a Turkish form of the Arabic name Ismet. Along with Turkish, the name is also seen in Albanian, Bosnian, and Macedonian. The name means "honesty" or "purity" and in classical "infallibility", "immaculate", "impeccability" an ...

had confirmed the purchase.

Venezuelan radar

In China's first major arms sale in Latin America, Venezuela in 2005 purchased JYL-1 radars from the company in a deal worth US$150 million. After this successful deal, the Venezuelan military explored buying other radars from CPMIEC and would go on to purchase aircraft from

CATIC China National Aero-Technology Import & Export Corporation (CATIC, ) is a Chinese state-owned defense company with a core business in aviation products and technology. It is the exclusive representative of the Aviation Industry Corporation of Chin ...

, another Chinese defense firm.

Syrian missile development

The company has worked with

Syrian Scientific Studies and Research Center The Scientific Studies and Research Center (SSRC), better known by its French name ''Centre D'Etudes et de Recherches Scientifiques'' (''CERS''), is a Syrian government agency that has the goal of advancing and coordinating scientific activities i ...

and shipped missile components to the research institute, according to a US media report in 1996 citing the CIA. US Treasury Sanctions China National Precision Machinery Import/Export Corporation was included by the US Treasury Department's Office of Foreign Asset Control (OFAC) in its Sanction SDN List, which denotes a list of "Specially Designated Nationals and Blocked Persons" with "Strong" Category and are subject to Secondary Sanction. The list included entities associated or linked to the company such as CPMIEC, CHINA NATIONAL PRECISION MACHINERY I/E CORP., ZHONGGUO JINGMI JIXIE JINCHUKOU ZONGGONGSI, and CHINA PRECISION MACHINERY IMPORT/EXPORT CORPORATION. The listing includes not only their location in China but worldwide.

References

Defence companies of the People's Republic of China Government-owned companies of China Foreign trade of China {{China-company-stub