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Global Trade Alert

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United States of America: U.S. Treasury imposes sanctions on Iranian firms for procuring components for UAV production

Description

On 31 May 2024, the U.S. Department of Treasury imposed sanctions on four Iran-based entities said to have procured critical parts for Iran’s unmanned aerial vehicle (UAV) program. As a result of this...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

31 May 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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