Text Size   Decrease Font SizeIncrease Font Size
static_slide_interior

US Exposes Iranian Efforts to Evade Economic Sanctions

PDF Print
Thursday, 28 October 2010 09:49

The U.S. Department of the Treasury has designated thirty-seven (37) Iranian front companies for acting on behalf of the Islamic Republic of Iran Shipping Lines (IRISL) and its affiliates.  Iran has been using IRISL to advance its illicit weapons of mass destruction (WMD) program as well as to carry military cargoes.

The designations were done pursuant to Executive Order 13392 that blocks the property of persons and their networks involved in proliferation activities.  IRISL, Iran's national maritime carrier company, was first added to a sanctions watch list by the United States in September 2008.  Individuals and entities listed are prohibited from accessing the U.S. financial and commercial systems.

A U.S. person - meaning any U.S. citizen, permanent resident alien, U.S. company (including their foreign branches) and any person or company in the United States -  is prohibited from engaging in any transaction or dealing with any party designated under EO 13382.

For more information on the recent set of designations, please read the following U.S. Government notice:  Treasury Exposes Efforts by Iran to Avoid Sanctions on Shipping.

 

Social Media

Twitter2Facebook2LinkedIn2 YouTube Icon 

Newsletter Sign-Up

Fill out my online form.

ViewOureNewsletter

Recent News

The Daily Star: Zakka Takes Case to UN Human Rights Commission

The family of U.S. Legal Permanent Resident and Internet Freedom Advocate Nizar Zakka, who is currently imprisoned in Tehran, hav... [More]

Heartbreaking Stories Emerge as Embassy Mystery Halts Trips From Cuba to Tampa

In response to the health attacks on American Diplomats in Cuba, six weeks ago, the U.S. Embassy in Havana ceased issuing visas t... [More]

©2016 PobleteTamargo LLP
Disclaimer
Attorney Website by The Modern Firm