A+ A-

Washington imposes sanctions on networks over Iran's goods, technology acquisition

WASHINGTON, Oct 1 (KUNA) -- The US has imposed sanctions on 21 entities and 17 individuals involved in networks that facilitate the acquisition of sensitive goods and technology for Iran.
In a press release, the U.S. Department of the Treasury said its Office of Foreign Assets Control (OFAC) is designating 21 entities and 17 individuals involved in networks that facilitate the acquisition of sensitive goods and technology for Iranآ’s Ministry of Defense and Armed Forces Logistics (MODAFL), as well as its missile and military aircraft production efforts.
It said that these networks have assisted in activities including the procurement of technology for advanced surface-to-air missile systems and the illicit purchase of a U.S.-manufactured helicopter.
"Iranآ’s ballistic missile and conventional weapons capabilities, supported by the networks designated today, pose a significant threat to U.S. service members in the Middle East, U.S. commercial ships transiting international waters, and civilians," it said.
"The Iranian regimeآ’s support of terrorist proxies and its pursuit of nuclear weapons threatens the security of the Middle East, the United States and our allies around the world," said Secretary of the Treasury Scott Bessent.
"Under President Trumpآ’s leadership, we will deny the regime weapons it would use to further its malign objectives," he said.
Todayآ’s action is in support of the September 27 reimposition of U.N. sanctions on Iran. All U.N. Member States are required to swiftly implement U.N. restrictions on Iranآ’s nuclear, missile, and other arms programs; including arms embargos, export controls, travel bans, asset freezes, and other restrictions on individuals and entities, including banks, involved in Iranian nuclear and missile activities," he added. Bessent underlined that the so-called "snapback" of U.N. restrictions occurred as a direct result of Iranآ’s significant non-performance of its nuclear commitments under the Joint Comprehensive Plan of Action.
This Security Council decision demonstrates the international communityآ’s aim of safeguarding the global nonproliferation regime against Iranian efforts to undermine it through threats and nuclear escalation, he noted. (end) rsr.mt