U.S. Treasury sanctions ten parties over Iran weapons procurement network
The U.S. Treasury announced sanctions on ten individuals and firms accused of obtaining weapons components for Iran's defence ministry.
Ten people and companies have been placed on a sanctions list by the U.S. Treasury for allegedly sourcing weapons parts for Iran's Ministry of Defence and Armed Forces Logistics. The list includes a China-based representative of Iran's defence ministry and firms operating out of Iran, Hong Kong and Pakistan. Treasury officials said the move aims to disrupt material and financial support for Iran's military activities.
Why it matters
The sanctions aim to hinder Iran's ability to acquire weapons components, affecting regional security dynamics.
How this story developed
- Sep 22 US Tightens Sanctions, Prompting Iran to Cancel Major International Flights
- Sep 25 The UAE has not confirmed an official ban despite the cancellation of Iranian flights to Dubai.
In this story
sanctionsweapons procurementIran defence ministryTreasury Secretaryfinancial support
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