U.S. Treasury Secretary Steven Mnuchin (AFP)
CAIRO – 28 August 2019: Washington said on Wednesday it imposed sanctions on two networks that are “linked” to Iran’s government and military organizations.
A statement by the U.S. Treasury Department said one of the networks used a Hong Kong-based front company to evade US and international sanctions.
The statement also added these networks target US technology and components for people tied to Iran’s government and the Islamic Revolutionary Guard Corps, the US Treasury Department said in a statement.
The other network obtained Nuclear Suppliers Group–controlled aluminum alloy products for companies owned or controlled by Iran’s defense ministry, the department said.
The sanctions are part of a US campaign to increase economic pressure on Tehran over its nuclear program. Washington ditched a 2015 nuclear deal with Iran and five other countries and has reimposed sanctions on the country.
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