U.S. Imposes New Sanctions on Iran over Proliferation

U.S. Imposes New Sanctions on Iran over Proliferation

The United States today imposed new sanctions on threeIranian entities including Iran's biggest airline and its shippingnetwork as well as eight other entities, accusing them of transporting lethalaid and weapons of mass destruction proliferation to Yemen.

The sanctions on ESAIL and additional sanctions onIran Shipping Lines will take effect in June 2020.

Also blacklisted was an Iranian shipping network involved insmuggling lethal aid from Iran to Yemen.

New sanctions were also imposed on Mahan Air and threeof its general sales agents by the State Department and the U.S. TreasuryDepartment over its alleged role in weapons of mass destructionproliferation.

For his part, US Treasury Secretary Steven Mnuchin said in astatement that "Iranian regime uses its aviation and shipping sector tosupply weapons to its terrorist allies in the region, contributing directly tothe devastating humanitarian crises in Syria and Yemen."

The sanctions stipulate freezing any money targetedindividuals and companies in the United States and preventing them from dealingwith American citizens, which deprives them of access to the American financialsystem.

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