Wednesday 19 August 2020

U.S. imposes Iran-related sanctions on #UAE-based companies - Reuters

U.S. imposes Iran-related sanctions on UAE-based companies - Reuters:

The United States on Wednesday imposed sanctions on two United Arab Emirates-based companies, the U.S. Treasury Department said, accusing them of providing material support to Iranian airline Mahan Air.

The Treasury in a statement said that Parthia Cargo and Delta Parts Supply FZC provided key parts and logistics services for Mahan Air, which is blacklisted by the United States under measures to fight terrorism and the proliferation of weapons of mass destruction.

The Treasury also slapped sanctions on Amin Mahdavi, an Iranian national based in the United Arab Emirates, for owning or controlling Parthia Cargo.

The move comes as U.S. President Donald Trump’s administration plans to try this week to trigger a return of all U.N. sanctions on Iran after the U.N. Security Council rejected Washington’s bid to extend an arms embargo on the country.

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