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US Imposes Fresh Sanctions on Iranian Individuals, Firms

  • November, 11, 2020 - 09:31
  • Politics news
US Imposes Fresh Sanctions on Iranian Individuals, Firms

TEHRAN (Tasnim) – The US imposed Iran-related sanctions on six companies and four people in the Trump administration's latest move to increase pressure on Tehran.

Politics

The US Treasury Department in a statement on Tuesday said the companies and individuals have been facilitating the procurement of sensitive goods, including US-origin electronic components, for Iran Communication Industries.

The firm produces “military communication systems, avionics, and missile launchers”, among other items, the Treasury claimed, US News reported.

“Iran utilizes a global network of companies to advance its destabilizing military capabilities,” Treasury Secretary Steven Mnuchin said in the statement.

The move blacklisted Iran-based Hoda Trading; Hong Kong-based Proma Industry Co., Ltd.; DES International Co., Ltd.; Brunei-based Soltech Industry Co., Ltd.; China-based Naz Technology Co., Ltd.; and Iran-based Artin San'at Tabaan Company, as well as several individuals.

Soltech Industry Co., Ltd., DES International Co., Ltd., and one of its employees blacklisted Tuesday, Chin Hua Huang, were also charged in the United States District Court for the District of Columbia with criminal conspiracy to violate Iranian sanctions, the Department of Justice said in a statement.

Tensions between Washington and Tehran have soared since US President Donald Trump unilaterally withdrew in 2018 from the Iran nuclear deal struck by former President Barack Obama and began reimposing US sanctions that had been eased under the accord.

 
R1355/P
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