US Sanctions Ballistic Missile Entities in Iran
The US Department of Treasury imposed sanctions on six subsidiaries of an Iranian company key to Iran‘s ballistic missile program in response to Tehran’s "continued provocative actions"
Ami Rojkes Dombe
| 01/08/2017
The picture shows the launch of Iran’s domestically-manufactured Simorgh satellite-carrier by Imam Khomeini Space Center on July 27, 2017. (Photo by IRNA) - presstv.ir
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Iran-based subordinates of Shahid Hemmat Industrial Group (SHIG), an entity central to Iran’s ballistic missile program, in response to Iran’s continued provocative actions, such as Thursday’s launch of the Simorgh space launch vehicle.
SHIG, which is responsible for the development and production of Iran’s liquid propellant ballistic missiles, is listed in the Annex to the global counter-proliferation Executive Order (E.O.) 13382 and is currently sanctioned by the United Nations and the European Union. Each of the entities sanctioned is a subordinate of SHIG:
Shahid Karimi Industries is responsible for the production of missile structural components and may also be involved in manufacturing missile airframes.
Shahid Rastegar Industries is responsible for the development and production of liquid-propellant ballistic missile engines.
Shahid Cheraghi Industries is responsible for the development and manufacturing of liquid propellant.
Shahid Varamini Industries is responsible for researching and developing ballistic missile-related guidance and control systems.
Shahid Kalhor Industries is responsible for manufacturing and maintaining missile launchers and ground support equipment.
Amir Al Mo’Menin Industries provides a variety of ballistic missile-related research and production services.
"As a result of this action, all property and interests in property of those designated today subject to US jurisdiction are blocked, and US persons are generally prohibited from engaging in transactions with them," the US treasury said.
[Source: treasury.gov]
The US Department of Treasury imposed sanctions on six subsidiaries of an Iranian company key to Iran‘s ballistic missile program in response to Tehran’s "continued provocative actions"
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Iran-based subordinates of Shahid Hemmat Industrial Group (SHIG), an entity central to Iran’s ballistic missile program, in response to Iran’s continued provocative actions, such as Thursday’s launch of the Simorgh space launch vehicle.
SHIG, which is responsible for the development and production of Iran’s liquid propellant ballistic missiles, is listed in the Annex to the global counter-proliferation Executive Order (E.O.) 13382 and is currently sanctioned by the United Nations and the European Union. Each of the entities sanctioned is a subordinate of SHIG:
Shahid Karimi Industries is responsible for the production of missile structural components and may also be involved in manufacturing missile airframes.
Shahid Rastegar Industries is responsible for the development and production of liquid-propellant ballistic missile engines.
Shahid Cheraghi Industries is responsible for the development and manufacturing of liquid propellant.
Shahid Varamini Industries is responsible for researching and developing ballistic missile-related guidance and control systems.
Shahid Kalhor Industries is responsible for manufacturing and maintaining missile launchers and ground support equipment.
Amir Al Mo’Menin Industries provides a variety of ballistic missile-related research and production services.
"As a result of this action, all property and interests in property of those designated today subject to US jurisdiction are blocked, and US persons are generally prohibited from engaging in transactions with them," the US treasury said.
[Source: treasury.gov]
