Monday, January 30, 2023

US Imposes Fresh Sanctions on Firms Working with Iran

The United States has imposed sanctions on 30 foreign companies or individuals for alleged transfer of‘sensitive technology’to Iran for its missile program, the State Department said on Friday.

Eleven companies or individuals from China, North Korea or the United Arab Emirates were sanctioned for technology transfers that could boost Tehran’s ballistic missile program, the State Department said in a statement quoted by Reuters.

Nineteen entities or individuals were sanctioned for other violations under the Iran, North Korea and Syria Nonproliferation Act, it said. They have allegedly transferred or acquired ‘sensitive technology’ that could contribute to development of weapons of mass destruction.

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