Categories: Business

Arab News | US sanctions 10 over allegedly procuring weapons for Iran



WASHINGTON: The United States has sanctioned 10 individuals and entities, including some based in China, Hong Kong and Pakistan,saying they helped ​Iran procure weapons and components, the US Treasury Department said Tuesday.

The sanctions are part of the Trump administration’s effort to isolate Iran economically and force it to negotiate an end to the US-Iran war that began in February.

Treasury Secretary Scott Bessent said: “Treasury will not tolerate any support to ‌the regime and ‌will continue to identify, expose, ​and ‌isolate ⁠Iran’s ​enablers.”

Treasury said ⁠the sanctions were aimed at degrading Tehran’s ability to reconstitute its weapons programs, while increasing the costs for those who supported its procurement efforts.

Those targeted in Tuesday’s sanctions announcement include:

* Seyyed Asghar Alizadeh Tabatabai, a Beijing-based representative of Iran’s Ministry of Defense ⁠and Armed Forces Logistics agency, who Treasury ‌said had coordinated the procurement ‌of finished weapons systems and ​dual-use components in China ‌on Iran’s behalf.

* Iran-based Kavoshcom Asia R and ‌D Group, which Treasury said had procured electronics including connectors for Iran Aircraft Manufacturing Industrial Company.

* Hong Kong-based EC Mojo Technology Co. Limited, which Treasury said had provided electronic ‌components in support of Kavoshcom’s procurement efforts, and EC Mojo’s China-based representative Li Fen.

* ⁠Pakistan-based ⁠Waseem Pasha Tajammal, who serves as chairman of Cavalier Group, a privately owned defense company with locations in Pakistan and internationally.

* Brett Erickson, managing principal with Obsidian Risk Advisers, said the latest sanctions action would do little to impede Iran’s ability to launch missiles and drones in the Strait of Hormuz.

* “This is optics management for the Trump administration to claim ‘We’re hammering them,’ when the reality is ​we’re poking them with a ​toothpick,” he said.



Source link

gulftimes

Recent Posts

Circus time

Fontana Circus runs until Oct. 24 at Al-Nakheel Mall and features international circus acts and…

47 minutes ago

Fog Walk

Fog Walk is a seasonal outdoor entertainment that combines nature and relaxation. It runs until…

48 minutes ago

Trivia night

Get your family and friends together for a fun-filled trivia night at the Ithra Center’s…

49 minutes ago

Arab News | Rival says Netanyahu ‘fear-mongering’ over warning of pre-vote attack

JERUSALEM: Israel’s opposition chief early Wednesday accused Prime Minister Benjamin Netanyahu of fear-mongering after he…

2 hours ago

Arab News | US Supreme Court lifts limits on third-country deportations

WASHINGTON, United States: The US Supreme Court on Tuesday lifted restrictions on the deportations of…

2 hours ago

Arab News | Trump hails ‘morally binding’ AI self-regulation pledge

WASHINGTON: US President Donald Trump on Tuesday said the tech executives gathered at the White…

3 hours ago