The US has imposed sanctions on seven companies along with three individuals it claims helped procure materials for Iran’s nuclear program.
US sanctions network selling materials for Iran nuclear program
19 Jul 2019 - 17:51
The US has imposed sanctions on seven companies along with three individuals it claims helped procure materials for Iran’s nuclear program.
“Treasury is taking action to shut down an Iranian nuclear procurement network that leverages Chinese- and Belgium-based front companies to acquire critical nuclear,” Treasury Secretary Steven Mnuchin said in a statement on Thursday.
“Iran cannot claim benign intent on the world stage while it purchases and stockpiled products for centrifuges,” Mnuchin added.
This marked the first time Washington imposed sanctions on Iran since Tehran announced it would surpass the uranium stockpile limit set under the Iran nuclear deal the United States quit last year.
In May, Iran informed the five remaining signatories to the 2015 nuclear deal - the UK, Germany, Russia, China and France - of its decision to suspend the implementation of some of its commitments under the agreement, exactly one year after the United States unilaterally abandoned it.
Iran warned that in 60 days it would resume refining uranium to a higher fissile degree if Europe failed to shield its trade from US sanctions.
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