US imposes sanctions on 5 Iranian entities

  • 2/25/2023
  • 15:44
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TEHRAN, Iran, Rabi'II 17, 1439, Jan 4, 2018, SPA -- The United States is imposing sanctions on five Iranian entities over their involvement in developing ballistic missiles, AP reported. The sanctions are unrelated to the ongoing protests in Iran. But U.S. Treasury Secretary Steven Mnuchin says more sanctions "targeting human rights abuses are coming." Mnuchin is alluding to the protests and says the U.S. will call out Iran's economic mismanagement. The five entities being targeted are subsidiaries of Shahid Bakeri Industrial Group, part of the Iranian Defense Ministry. Shahid is already under U.S. sanctions. The new designations ensure its subsidiaries are punished, too. Last month U.S. Ambassador to the U.N. Nikki Haley showed reporters missile parts with logos suggesting they were manufactured by Shahid. Haley said the fragments were recovered from missiles launched at the Kingdom of Saudi Arabia by Iran-backed Al-Houthi coup militias in Yemen. --SPA 00:32 LOCAL TIME 21:32 GMT www.spa.gov.sa/w580736

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