Iran General NewsUS sanctions Iranian companies

US sanctions Iranian companies

-

AFP: The United States on Friday sanctioned four Iranian companies, including one accused of providing weapons to the Syrian regime’s crackdown. WASHINGTON (AFP) — The United States on Friday sanctioned four Iranian companies, including one accused of providing weapons to the Syrian regime’s crackdown.

The Treasury Department said SAD Import Export Company shipped weapons to the Syrian Armed Forces on behalf of Iran’s Defense Industries Organization, which it accused of being used by the government to “assist” the Syrian regime’s crackdown.

In 21 months, the anti-regime revolt in Syria has claimed more than 44,000 lives, according to monitors.

SAD Import Export and two others, Chemical Industries and Development of Materials Group and Marine Industries Organization, were also blacklisted for their ties to Iran’s Defense Industries Organization and its defense ministry.

And the director of the Marine Industries Organization, Mustafa Esbati, was implicated for his support to Iran’s Aerospace Industries Organization, as was a fourth company, Doostan International Company.

The executive order targeted “proliferators of weapons of mass destruction and their supporters,” and freezes any assets those designated may have under US jurisdiction.

It also puts foreign banks on notice that they can lose access to the US financial system if they “facilitate significant transactions or provide significant financial services” to them.

“We will continue to expose the companies and individuals involved in Iran’s illicit weapons program,” said David Cohen, undersecretary for terrorism and financial intelligence at the Treasury.

A day earlier, the UN Security Council had slapped sanctions on two Iranian firms accused of supplying arms to the Syrian government — including SAD Import Export Company — adding them to a growing Iran sanctions list for breaching an arms embargo ordered against the Islamic republic for its nuclear drive.

Latest news

Iran’s Regime Uses War to Legitimize the Gallows

As the world's attention remains fixed on the drums of war echoing across the Middle East, the Iranian regime...

Rising Inflation in Iran and Uncertainty Over Workers’ Livelihoods

The livelihoods of workers and retirees have faced unprecedented challenges in recent months. Point-to-point inflation has reached 96%, and...

Reuters Exposes $4 Billion Iran-Linked Gambling Network  

A Reuters special investigation shows that one of the world's largest illegal gambling networks has become part of the...

Iran’s Statistical Center: Point-To-Point Inflation in July Reached Nearly 88%

Amid Iran's deepening economic crisis and mounting pressure on household livelihoods, the Statistical Center of the Iranian regime announced...

Serious Drug Shortage in Iran as Officials Assure Supplies for Arbaeen Pilgrims

Salman Eshaqi, spokesperson for the Health and Treatment Commission of the Iranian regime's Majlis (parliament), described the country's drug...

Iran: Growing Demand for Installment Payment Plans for Medical Services

Amid rising prices and the deepening cost-of-living crisis in Iran, Eghtesad News website reported that installment payments are becoming...

Must read

EU Urges Iran to Resume Nuclear Talks

AP: The European Union on Thursday urged Iran to...

Senegal recalls envoy to Iran over arms seizure

Reuters: Senegal recalled its ambassador to Iran on Tuesday,...

You might also likeRELATED
Recommended to you