Tags: iran | missile | sanctions | steven mnuchin | treasury

US Sanctions Five Entities Tied to Iran's Missiles Program

Image: US Sanctions Five Entities Tied to Iran's Missiles Program
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Thursday, 04 January 2018 03:20 PM

The United States on Thursday sanctioned five Iranian-based entities it said were owned or controlled by a industrial firm responsible for developing and producing Iran's solid-propellant ballistic missiles.

"These sanctions target key entities involved in Iran’s ballistic missile program, which the Iranian regime prioritizes over the economic well-being of the Iranian people," U.S. Treasury Secretary Steven Mnuchin said in a statement.

The Treasury Department said the five sanctioned entities - the Shahid Eslami Research Center, Shahid Kharrazi Industries, Shahid Moghaddam Industries, Shahid Sanikhani Industries and Shahid Shustari Industries - were subordinated to the Shahid Bakeri Industrial Group.

The sanctions freeze any property the entities hold in the United States and prohibit Americans from dealing with them.

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The United States on Thursday sanctioned five Iranian-based entities it said were owned or controlled by a industrial firm responsible for developing and producing Iran's solid-propellant ballistic missiles. "These sanctions target key entities involved in Iran's ballistic...
iran, missile, sanctions, steven mnuchin, treasury
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2018-20-04
Thursday, 04 January 2018 03:20 PM
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