TEHRAN: A handout photo released by the Iranian army on Tuesday shows officials inspecting drones on display before a military drone drill at an undisclosed location. AFP
WASHINGTON: The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as US President Donald Trump’s term winds down.
In a statement, the US Treasury Department named the China-based company as Kaifeng Pingmei New Carbon Materials Technology Co Ltd. (KFCC), saying it specialised in the manufacture of carbon materials and provided thousands of metric tonnes of materials to Iranian steel companies between December 2019 and June 2020.
Middle East News: US hits Iran with fresh sanctions gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
As Trump s term nears end, US imposes fresh sanctions on Iran
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12 Iranian steel and metal makers blacklisted by US
Trump administration imposes fresh sanctions to deny revenue flowing to the Iranian regime
Three-foreign based sales agents also blacklisted
With the Trump administration nearing tenure end, the United States has imposed fresh sanctions on Iran.
The US Treasury Department said in a statement that 12 Iranian steel and metal makers, and three foreign-based sales agents of an Iranian metals and mining holding company have been blacklisted.
“The Trump Administration remains committed to denying revenue flowing to the Iranian regime as it continues to sponsor terrorist groups, support oppressive regimes, and seek weapons of mass destruction,” US Treasury Secretary Steven Mnuchin said in the statement.
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