US Sanctions Many Iranian Entities for CRGO Imports from China
US Sanctions IranWikipedia

US Sanctions Many Iranian Entities for CRGO Imports from China

In June 2020, the United States State Department had sanctioned the Islamic Republic of Iran Shipping Lines underscoring the fact that IRISL is the

In June 2020, the United States State Department had sanctioned the Islamic Republic of Iran Shipping Lines underscoring the fact that IRISL is the preferred shipping line for Iranian proliferators and procurement agents. Now, United States has designated seven entities and two individuals for allegedly flouting US sanctions against the Islamic Republic of Iran Shipping Lines

IRISL knowingly transferred, directly or indirectly, to Iran grain oriented electrical steel to at least one Iranian person on the List of Specially Designated Nationals and Blocked Persons List maintained by the Treasury Department's Office of Foreign Assets Control, namely Hoopad Darya Shipping Agency Company. The State Department is also imposing sanctions on Mohammad Reza Modarres Khiabani, the Chief Executive Officer of IRISL, who has been determined to be a principal executive officer, or person performing similar functions and with similar authorities, of IRISL.

The State Department is also designating China based Jiangyin Mascot Special Steel Co LTD. Jiangyin Mascot Special Steel Co LTD transferred grain oriented electrical steel to Iran via the Islamic Republic of Iran Shipping Lines

The State Department is also designating Iran Transfo Company and Zangan Distribution Transformer Company. Both of these entities transferred grain oriented electrical steel to at least one Iranian person on the SDN List, namely Hoopad Darya Shipping Agency Company

Separately, the State Department is also designating the UAE based Accenture Building Materials, Iran’s Mobarakeh Steel Company and the IRISL subsidiary Sapid Shipping. The State Department is also imposing sanctions on Hamidreza Azimian, the Chief Executive Officer of Mobarakeh Steel Company, who has been determined to be a principal executive officer, or person performing similar functions and with similar authorities, of Mobarakeh Steel Company.

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