The U.S. Treasury Department on Friday introduced sanctions towards a community of corporations and people for facilitating unlawful know-how transfers from dozens of U.S. corporations to Iranian corporations, together with the nation’s central financial institution.
The Ministry of Finance stated in an announcement that the sanctions relate to the Information Services Corporation (ISC), the technical arm of the Central Bank of Iran (CBI).
In addition, a variety of ISC subsidiaries and entrance corporations based mostly in Turkey and the United Arab Emirates, and three individuals, 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 major function” in financing international items of Lebanon’s Hezbollah and Iran’s Islamic Revolutionary Guard Corps, often known as the Quds Force. Ta.
“The United States will proceed to make use of all means attainable to thwart the Iranian regime’s illegal makes an attempt to accumulate delicate U.S. know-how and important supplies,” he stated in an announcement.
Under the Treasury Department’s measures, U.S. belongings related to sanctioned people and entities will likely be frozen, and U.S. individuals will, in precept, be prohibited from doing enterprise with them.