Global Trade Alert
Global Trade Alert

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

Announcement

31 May 2024

In May 2024, the U.S. Treasury announced sanctions on four Iranian entities allegedly involved in procuring critical parts for Iran’s UAV program.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 May 2024

Revocation date:

No revocation date

Announced: 31 May 2024
Controls on commercial transactions and investment instruments In force
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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