US blacklists 5 Iranian entities citing nuclear, missile ties

The US Treasury said it had imposed sanctions on five Iranian entities for alleged ties to the country's nuclear and missile programmes.

WASHINGTON: The US Treasury said it had imposed sanctions on five Iranian entities for alleged ties to the country's nuclear and missile programmes.

Washington has already blacklisted Iranian entities and banks for their apparent links and support of Iran's nuclear programs. Tehran has steadfastly denied it is pursuing nuclear arms, and says its nuclear ambitions are peaceful.

"Responsible financial institutions and businesses worldwide are taking steps to avoid doing business with Iranian nuclear and missile entities, as well as with the front companies and cut-outs the Iranian regime uses to disguise its activities," said Stuart Levey, a senior Treasury official.

The five entities were identified as the Nuclear Research Center for Agriculture and Medicine, the Esfahan National Fuel Research and Production Center, Jabber Ibn Hayan, Safety Equipment Procurement Company and Joza Industrial Company.

"These five nuclear and missile entities have been used by Iran to hide its illicit conduct and further its dangerous nuclear ambitions," Levey charged.

The sanctions bar any US citizen from business dealings with the Iranian groups and also freezes any assets the groups may have under US jurisdiction.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › US blacklists 5 Iranian entities citing nuclear, missile ties
Text Size:AAA
Success
This article has been saved

*

+