U.S. Imposes New Sanctions on Iran over Proliferation

Thursday 1441/4/15 - 2019/12/12
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Washington, Dec 11, 2019, SPA -- The United States today imposed new sanctions on three Iranian entities including Iran's biggest airline and its shipping network as well as eight other entities, accusing them of transporting lethal aid and weapons of mass destruction proliferation to Yemen.
The sanctions on ESAIL and additional sanctions on Iran Shipping Lines will take effect in June 2020.
Also blacklisted was an Iranian shipping network involved in smuggling lethal aid from Iran to Yemen.
New sanctions were also imposed on Mahan Air and three of its general sales agents by the State Department and the U.S. Treasury Department over its alleged role in weapons of mass destruction proliferation.
For his part, US Treasury Secretary Steven Mnuchin said in a statement that "Iranian regime uses its aviation and shipping sector to supply weapons to its terrorist allies in the region, contributing directly to the devastating humanitarian crises in Syria and Yemen."
The sanctions stipulate freezing any money targeted individuals and companies in the United States and preventing them from dealing with American citizens, which deprives them of access to the American financial system.
--SPA
03:00 LOCAL TIME 00:00 GMT
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