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2018-10-17 Syria-Lebanon-Iran
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US imposes new sanctions targeting Iran banks, companies
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[PRESSTV] The United States has imposed fresh sanctions on a number of Iranian banks and financial institutions as well as companies ahead of the start of the next month's new round of the US sanctions against the Islamic Theocratic Republic .
The US Treasury on Tuesday announced fresh sanctions on Iranian banks, including Bank Mellat and Mehr Eqtesad Bank.
According to an announcement on Treasury's website, the US is also imposing sanctions on Iran Tractor Manufacturing Company, Esfehan’s Mobarakeh Steel Company, and other companies linked to investment, commodities and engineering.
The Treasury imposed sanctions on a multibillion-dollar financial network that supports the Basij Resistance Force affiliated with Iran's Islamic Revolutionary Guard Corps (IRGC).
US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
announced in May that Washington was pulling out of the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which lifted nuclear-related sanctions against Tehran in exchange for restrictions on Tehran's nuclear program.
The deal had been signed between Iran and the five permanent members of the UN Security Council -- the United States, Britannia, La Belle France, Russia and China -- plus Germany in 2015.
The US administration reintroduced the previous sanctions while imposing new ones on the Islamic Theocratic Republic . It also introduced punitive measures ‐ known as secondary sanctions ‐ against third countries doing business with Iran.
The Treasury Department on Tuesday targeted a network of banks and businesses that provides financial support to a paramilitary force in Iran, which allegedly trains and deploys child soldiers to fight with Iran’s Islamic Revolutionary Guard Corps.
The sanctions are part of the US economic campaign to pressure Iran to radically alter its policies, including developing ballistic missiles, supporting regional hard boy groups, and violating human rights
...which are usually open to widely divergent definitions...
The Treasury Department said the Bonyad Taavon Basij network is an example of how the IRGC and Iranian military forces have expanded economic involvement in major industries and infiltrated seemingly legitimate businesses to fund terrorism and other malign activities.
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Posted by Fred 2018-10-17 00:00||
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File under: Govt of Iran
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