U.S. Treasury Department Sanctions 10 Individuals and Entities in Connection with Iran

On Tuesday, November 10, in the latest round of pressure from the Donald Trump administration on the Islamic Republic of Iran, the United States sanctioned four individuals and six entities.

Seyyed Mohammad Banihashemi IV and Mohammad Soltanmohammadi from Iran, Sun Shih-mei and Huang Chin-hua from Taiwan are the four individuals who have been added to the latest U.S. sanctions list.

The companies Artin Sanat Taban, Hada Trading, Naz Technology, DES International, Proma Industry, and Soultech Industry are also entities that the United States has sanctioned.

These individuals and companies have been accused of establishing a network to supply sensitive goods needed by Iran’s military sector, including American-made electronic components, for the “Iranian Telecommunications Industries Company,” which is under U.S. sanctions.

The Iranian Telecommunications Industries Company manufactures military communications systems, electronic components, and missile launchers.

Tuesday’s sanctions were imposed by the Treasury Department under legislation that authorizes punishment for proliferators of weapons of mass destruction and their supporters.

Under these sanctions, the assets and property of the aforementioned individuals and entities in the United States will be seized, and no U.S. person or company has the right to conduct transactions with them.

The new sanctions come days after reports indicated that the Donald Trump administration intends to impose a “flood” of sanctions against Iran before January 2021, when the new U.S. president takes office.

According to these reports, these sanctions have been formulated as a result of U.S. cooperation with Israel and several countries bordering the Persian Gulf.

The website Axios has reported that the Trump administration and Israel want to make the path more difficult for the Joe Biden administration to return to the JCPOA, the nuclear agreement between world powers and Iran, and the new sanctions are designed in a way that they would remain in place even if the next U.S. administration returns to the JCPOA.

The Trump administration, which was a staunch critic of the nuclear agreement with Iran, withdrew from the agreement in May 2018 and has since imposed extensive sanctions against Tehran, even including Supreme Leader Ayatollah Ali Khamenei.

The U.S. President had repeatedly said he seeks to reach a new agreement with Iran that would simultaneously cover the nuclear program, missile program, and Iran’s regional role.

Officials of the Islamic Republic rejected negotiations with the Donald Trump administration.

Source: Radio Farda