The United States imposed new sanctions against Iran's missile and drone programs: what it means
The United States has imposed sanctions on a group of individuals and companies associated with Iran's development of ballistic missiles and drones. This happened against the backdrop of the end of the UN missile embargo against Iran.
This was reported by the FT on Wednesday, October 18. This is an international network that facilitated Iran's military programs.
As noted, the US Treasury Department's Office of Foreign Assets Control imposed sanctions on companies based in Iran, China, Hong Kong, and Venezuela. In total, these are 11 people, eight organizations, and one ship.
The reason for the new economic entities is the alleged support of the Islamic Revolutionary Guard Corps, the Ministry of Defense, and the armed forces' logistics in the production of missiles and drones.
The sanctions targeted Iranian equipment manufacturing firms and their directors, a Hong Kong-based distributor of electronic components, several Iranian officials, including Defense Attaché to Venezuela Jaber Reykhani, and the PARNIA ship, which was used to export defense supplies.
The document states that the US Treasury Department, in coordination with the State Department, the Department of Commerce, and the Department of Justice, has issued new guidelines for private industry on the purchase of Iranian missiles.
They clarify the responsibility for such actions and the associated risks of new US sanctions and other restrictions.
U.S. Treasury Under Secretary for Combating Terrorism and Financial Intelligence Brian Nelson said that "Iran's reckless choice to continue to proliferate destructive UAVs and other weapons is prolonging numerous conflicts in regions around the world."
As reported by OBOZ.UA, the US State Department earlier said that the United States has the means to continue to put pressure on Iran after the end of the month of restrictions on the purchase and sale of missiles and UAVs. This will happen in accordance with a UN Security Council resolution.