(VOVworld) – The U.S. Treasury Department has blacklisted two more individuals and companies for allegedly supporting Iran’s ballistic missile program.
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An Iranian airline Mahan Air plane at Tehran's Mehrabad airport. (Photo: Reuters) |
The latest measures cut off Iran’s Shahid Nuri Industries and Shahid Movahed Industries from international finance. The US said the companies are working for industrial group Shahid Hemmat, which is in charge of Iran’s ballistic program.
The Treasury Department also imposed restrictions on two British businessmen, Jeffrey John James Ashfield and John Edward Meadows, for doing business with Iranian airline Mahan Air, which has been accused of transporting funds and arms for the Islamic Revolution Guard Corps (IRGC).
The US lifted sanctions on investment and trade in January after Iran and the P5+1 signed an agreement on Iran’s nuclear program, but maintains sanctions against entities thought to be supporting terrorism.