U.S. imposes Iran-related sanctions on individuals, companies

  • 11/10/2020
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WASHINGTON (Reuters) - The United States on Tuesday imposed Iran-related sanctions on six companies and four people, accusing the network of supplying sensitive goods to an Iranian military firm in the Trump administration’s latest move to increase pressure on Tehran. The U.S. Treasury Department in a statement accused the companies and individuals of facilitating the procurement of sensitive goods, including U.S.-origin electronic components, for Iran Communication Industries, an Iranian military firm blacklisted by Washington and the European Union. The firm produces military communication systems, avionics and missile launchers, among other items, the Treasury said. Tuesday’s action, taken under an authority that imposes sanctions on weapons of mass destruction proliferators and their supporters, freezes any U.S. assets of those blacklisted and generally bars Americans from dealing with them. “The Iranian regime utilizes a global network of companies to advance its destabilizing military capabilities,” Treasury Secretary Steven Mnuchin said in the statement. “The United States will continue to take action against those who help to support the regime’s militarization and proliferation efforts,” he added.

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