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Source: Reuters

Apr 19, 2023

U.S. imposes sanctions on network supporting Iran's drone, military programs

WASHINGTON, April 19 (Reuters) - 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 U.S. Treasury Department in a statement said it imposed sanctions on the head of Iran’s Pardazan System Namad Arman (PASNA), which was already under U.S. 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.


"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."



Reporting by Daphne Psaledakis

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