Global Trade Alert
Global Trade Alert

United States of America: Treasury Department imposes sanctions on entities facilitating Iranian UAV procurement

Announcement

26 Feb 2025

In February 2025, the U.S. Department of the Treasury announced sanctions targeting six entities based in Hong Kong and China for allegedly engaging in covert procurement operations on behalf of Iranian companies.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Feb 2025

Revocation date:

No revocation date

Announced: 26 Feb 2025
Controls on commercial transactions and investment instruments In force
On 26 February 2025, the U.S. Department of the Treasury imposed sanctions on six entities based in Hong Kong and China, allegedly engaged in the procurement of unmanned aerial vehicle (UAV) component...
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