Wednesday 30 October 2019

U.S., Gulf countries impose joint #Iran-related sanctions on 25 targets - Reuters

U.S., Gulf countries impose joint Iran-related sanctions on 25 targets - Reuters:

The United States and six Gulf countries agreed to jointly impose sanctions on 25 corporations, banks and individuals linked to Iran’s support for militant networks including Hezbollah, the U.S. Treasury Department said on Wednesday.

The blacklisted targets were announced by the Terrorist Financing Targeting Center (TFTC) nations - which also include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - as U.S. Treasury Secretary Steve Mnuchin traveled in the Middle East to finalize details of an economic development plan for the Palestinians, Jordan, Egypt and Lebanon.

All 25 targets were previously under sanctions by the United States.

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