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

UPDATE 25- On Fourth Anniversary of Nizar Zakka's Abduction

Open Letter from Nizar Zakka, Former Iran Hostage, On the Fourth Anniversary of his Abduction On this day four years ago, k... [More]

New York Times: Iran Releases U.S. Resident Charged With Spying

"The announcement, after nearly a year of requests by top Lebanese officials for Mr. Zakka’s freedom, was billed in Iran and Leba... [More]

©2018 PobleteTamargo LLP
Disclaimer
Attorney Website by The Modern Firm