Friday, August 29, 2014

U.S. Adds 25 Entities to Sanctions List

The United States today added more than 25 businesses, banks and individuals to the list for entities violating the existing sanctions on Iran’s nuclear program and actions to evade those sanctions.

“These measures continue to enforce pre-existing sanctions on Iran. The United States remains committed to working with our P5+1 partners toward a long-term, comprehensive solution that provides confidence that Iran’s nuclear program is exclusively peaceful,” National Security Council Spokesperson Caitlin Hayden said. (AP, 29 August)

US Treasury Undersecretary David Cohen said in a statement that his department is determined “to take action against anyone, anywhere, who violates our sanctions.”

Among the entities added to the sanctions list today, are Organization of Defensive Innovation and Research, Nuclear Science and Technology Research Institute, Jahan Tech-Rooyan Pars, and Mandegar Bespar Kimiya Company.

Five banks were also added to the list of financial institutions already blacklisted: Khavar-e Mianeh Bank, Qavamin Bank, Resalat Qarz-ol Hasaneh Bank, Kish International Bank, and Kafolatbank.

1 comment:

Anonymous said...

US Sanctions Firms, Individuals for Aiding Iran
WASHINGTON — Aug 29, 2014, 1:42 PM ET
By DEB RIECHMANN Associated Press

The US Treasury Dept " also acted against Meraj Air, an Iranian government airline suspected of ferrying weapons and other cargo to the Syrian government; Caspian Air, an Iran-based airline that the department says is providing support to Iran's Islamic Revolution Guards Corps by transporting people and weapons from Iran to Syria; and Sayyed Jabar Hosseini, a senior Iranian official who has allegedly coordinated Iranian shipments to support terrorist activities outside Iran.

The department also targeting those suspected of evading sanctions on Iranian oil sales, including Faylaca Petroleum, based in Dubai; and Abdelhak Kaddouri of Bern, Switzerland, who is the financial chief of the U.S.-sanctioned National Iranian Oil Co. and owner of the U.S.-sanctioned Swiss Management Services Sarl.

Also sanctioned were Mohammad Javad and Arman Imanirad, both based in Iran, for acting on behalf of a company suspected of procuring aluminum products for Iran's nuclear program; and Nefertiti Shipping, an Egypt-based shipping company that services the National Iranian Tanker Co. and other tankers suspected of moving crude oil to Syria through the Suez Canal.

In addition, the State Department imposed sanctions against four companies suspected of trying to contribute to the proliferation of weapons of mass destruction. The four are: The Organization of Defensive Innovation and Research, Nuclear Science and Technology Research Institute and Mandegar Baspar Kimiya Co., all based in Tehran; and Jahan Tech Rooyan Pars, based in Shiraz, Iran."


a deal is still possible.
no deal means Iran will have serious trouble.