RSS Feed
U.S. Secretary of State Antony Blinkin announced that his department is imposing sanctions against 39 entities believed to be assisting Iranian clients in illegally engaging in trade.
The U.S. State Department’s March 9 announcement outlined sanctions against dozens of “shadow banking” entities spread across several countries that would be subjected to the sanctions due to affiliation with Iranian groups.
According to a press release, these “multi-jurisdictional illicit finance systems” give sanctioned Iranian firms access to the global financial system and let them conceal their business dealings with overseas clients.
The sanctions will be carried out by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and will display the United States’ commitment to enforcing sanctions on the Iranian government and disrupting the overseas networks that it uses to get around the sanctions, the release said…. Source
US Imposes Sanctions on 39 Entities Aiding Iranian Trade
March 10th, 2023 
Awake Goy 
Posted in 
Tags: 
