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U.S. lifts sanctions against two Iranian companies

Posted by sm on Sat, Oct 09 2021 at 09:32 AM CDT:

The Trump administration sanctioned the companies in September 2020 along with several shareholders and senior officials of the companies, accusing them of supplying goods for Iran's nuclear missile program. The designations came amid the U.S. government's efforts to punish Tehran for its nuclear activity and malign influence in the region.

A Treasury spokesperson told UPI the decision to remove the two companies from the Office of Foreign Assets Control's SDN list wasn't related to negotiations between the United States and Iran regarding the Joint Comprehensive Plan of Action, the so-called Iran nuclear deal.

"These delistings do not reflect any change in U.S. government sanctions policy towards Iran," the representative said in a statement. "They have nothing to do with JCPOA negotiation efforts. The United States will continue to counter Iran's destabilizing activities, including through implementation of our sanctions."

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