The U.S. Treasury Department on Friday introduced sanctions in opposition to a community of firms and people for facilitating unlawful know-how transfers from dozens of U.S. firms to Iranian firms, together with the nation’s central financial institution.
The Ministry of Finance stated in a press release that the sanctions relate to the Information Services Corporation (ISC), the technical arm of the Central Bank of Iran (CBI).
that…
The U.S. Treasury Department on Friday introduced sanctions in opposition to a community of firms and people for facilitating unlawful know-how transfers from dozens of U.S. firms to Iranian firms, together with the nation’s central financial institution.
The Ministry of Finance stated in a press release that the sanctions relate to the Information Services Corporation (ISC), the technical arm of the Central Bank of Iran (CBI).
In addition, quite a lot of ISC subsidiaries and entrance firms based mostly in Turkey and the United Arab Emirates, and three folks, together with twin French-Iranian nationwide Pouria Mirdamadi, are stated to be linked to them. people have been additionally topic to sanctions.
Brian Nelson, the U.S. Treasury Department’s assistant secretary for terrorism and monetary intelligence, stated the CBI “has performed a big position” in financing overseas models of Lebanon’s Hezbollah and Iran’s Islamic Revolutionary Guard Corps, generally known as the Quds Force. Ta.
“The United States will proceed to make use of all means potential to thwart the Iranian regime’s illegal makes an attempt to amass delicate U.S. know-how and important supplies,” he stated in a press release.
Advertisement – SCROLL TO CONTINUE
Under the Treasury Department’s measures, U.S. property related to sanctioned people and entities will probably be frozen, and U.S. individuals will, in precept, be prohibited from doing enterprise with them.
Da/Nro