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US imposes sanctions on network supporting Iran’s drone, military programs

AGENCY by AGENCY
5 months ago
in World
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The US imposes sanctions on a procurement network it accused of supporting Iran's drone and military programs, targeting companies and suppliers in China, Iran and elsewhere in the fresh action aimed at increasing pressure on Tehran. (Photo: Twitter)

The US imposes sanctions on a procurement network it accused of supporting Iran's drone and military programs, targeting companies and suppliers in China, Iran and elsewhere in the fresh action aimed at increasing pressure on Tehran. (Photo: Twitter)

WASHINGTON: The United States on Wednesday imposed sanctions on a procurement network it accused of supporting Iran’s drone and military programs, targeting companies and suppliers in China, Iran and elsewhere in the fresh action aimed at increasing pressure on Tehran.

The US Treasury Department in a statement said it imposed sanctions on the head of Iran’s Pardazan System Namad Arman (PASNA), which was already under US sanctions, and the entity’s front companies and suppliers in Iran, Malaysia, Hong Kong and China that Washington said have enabled PASNA’s procurement of goods and technology.

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“The network sanctioned today has procured goods and technology for the Iranian government and its defense industry and UAV program,” the Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.

“Treasury will continue to enforce its sanctions against Iran’s military procurement efforts that contribute to regional insecurity and global instability.” (Reuters)

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