THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

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OFAC issues new sanctions against Iran

The U.S. Department of the Treasury’s Office of Foreign Assets Control (‘OFAC’) has sanctioned 13 individuals and 12 entities connected with Iran’s ballistic missile programme and its Islamic Revolutionary Guards Corps-Qods Force (‘IRGC-QF’). All assets under U.S. control were frozen as from the date of designation, 3 February 2017.

The sanctions follow a ballistic missile test by Iran on 29 January.

U.S. national security adviser, Lt. Gen. Mike Flynn commented that the missile test was ‘in defiance of’ the UN Security Council resolution which endorsed the Joint Comprehensive Plan of Action (‘JCPOA’), the nuclear deal signed by the five permanent members of the United Nations Security Council, plus Germany; the EU and Iran in 2015. President Trump tweeted: ‘Iran is playing with fire’, on the morning the sanctions were announced. Acting OFAC director John E. Smith said: ‘Iran’s continued support for terrorism and development of its ballistic missile program poses a threat to the region, to our partners worldwide, and to the United States. Today’s action is part of the Treasury’s ongoing efforts to counter Iranian malign activity abroad that is outside the scope of the JCPOA.’

Those sanctioned include Abdollah Asgharzadeh, whom the U.S. Treasury considers an Iranian procurement agent providing controlled and dual-use technologies for Iran’s ballistic missiles programme, primarily through Shahid Hemmat Industrial Group (‘SHIG’). Eight individuals and entities in his Iran and China-based network have also been sanctioned. OFAC has also designated a Lebanon-based IRGC-QF network working with Hizballah, including Hasan Deghan Ebrahimi, Muhammad Abd-al-Amir Farhat and Yahya al-Hajj, as well as several affiliated companies in Lebanon.

In a statement, Iran’s foreign ministry stated that Iran would not allow its domestic security to become the ‘focus of international debate’.

 

Those listed can be found here:
https://www.treasury.gov/press-center/press-releases/Pages/as0004.aspx

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