March 31, 2022
2 mins read

US sanctions key actors in Iran’s ballistic missile programme

The US on Wednesday imposed sanctions on an Iran-based person and his network of companies that Washington accused of facilitating Iran in its effort to get materials for its ballistic missile programme…reports Asian Lite News

The Department of the Treasury said in an announcement that the sanctions are imposed after Iran’s missile attack on Erbil, Iraq and an “Iranian enabled Houthi” missile attack against a Saudi Aramco facility earlier this month, as well as other missile attacks by Iranian proxies against Saudi Arabia and the UAE, Xinhua news agency reported.

Specifically, the sanctions targeted an Iranian procurement agent named Mohammad Ali Hosseini and a network of companies, which the Treasury accused him of using to procure ballistic missile propellant and related materials in support of Tehran’s missile program.

The department alleged that Hosseini procured materials for the unit of the Islamic Revolutionary Guard Corps (IRGC) – which is under US sanctions — responsible for research and development of ballistic missiles.

Also hit by the sanctions was P.B. Sadr Co., a procurement intermediary of Parchin Chemical Industries, which is an element of Iran’s Defense Industries Organization.

The sanctions came as international efforts to revive the 2015 Iran nuclear deal, formally known as the Joint Comprehensive Plan of Actions (JCPOA), was stalled. The Donald Trump administration pulled the US out of the deal.

ALSO READ: Israel warns nuclear deal may help Iranian plots

“While the United States continues to seek Iran’s return to full compliance with the Joint Comprehensive Plan of Action, we will not hesitate to target those who support Iran’s ballistic missile program,” the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson said in a statement accompanying the announcement.

Sergei Ryabkov, Russia’s deputy foreign minister, said Wednesday that it will take several more days, or possibly weeks, before an agreement on returning to the JCPOA could be reached, according to Russia’s RIA Novosti news agency.

Also on Wednesday, the Russian Foreign Ministry said in a statement following a meeting in China between the foreign ministers of Russia and Iran that Moscow and Tehran intend to “strengthen cooperation in all areas … despite the illegal restrictive measures introduced against the Russian Federation and the Islamic Republic of Iran by a number of unfriendly countries.”

Previous Story

How India can drive Nepal’s strategic diversification

Next Story

Stubble smoke not the lone reason for Delhi-NCR pollution

Latest from Arab News

MBS & Sisi talk ties, Palestine

The two leaders reviewed the historic and strategic relations between Riyadh and Cairo and explored new ways to bolster cooperation…reports Asian Lite News Saudi Crown Prince and Prime Minister HRH Mohammed bin

Qatar: Syria’s stability key to region

Qatar, speaking for the Arab Group at the UN, urged unity and sovereignty for Syria as regional diplomacy, UN warnings, and fragile ceasefires highlight a precarious crossroads….reports Asian Lite News Qatar, speaking

UAE flies out Gaza’s sick & wounded

The UAE has flown out 155 more Gaza patients and families, extending medical lifelines to nearly 2,800 evacuees, under Sheikh Mohamed’s sweeping humanitarian directive….reports Asian Lite News The United Arab Emirates has

Arab fury at Israel’s land grab

Arab League and world powers condemn Israel’s E1 settlement approval, warning it threatens a Palestinian state, breaches international law, fuels instability, and worsens Gaza’s dire humanitarian crisis….reports Asian Lite News The League

OIC calls emergency Gaza meet

The OIC prepares an emergency meeting as Israel intensifies its assault on Gaza City, calling up tens of thousands of troops, sparking global outrage and humanitarian alarm….reports Asian Lite News The Organisation
Go toTop

Don't Miss

Hamas Seeks New Chief

Hamas Politburo Chief Ismail Haniyeh was killed in the Iranian

No Plans to Escalate Regional Conflict: Iran

The top Iranian diplomat also called on the US to