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US slaps new sanctions on entities working with Iran airlines

Politics Materials 25 May 2018 03:20 (UTC +04:00)
The US has imposed new sanctions against nine Iranian and Turkish individuals and companies as well as a number of aircraft providing goods and services to four Iranian airlines.
US slaps new sanctions on entities working with Iran airlines

The US has imposed new sanctions against nine Iranian and Turkish individuals and companies as well as a number of aircraft providing goods and services to four Iranian airlines, Presstv reports.

The sanctions announced by the US Treasury Department on Thursday, targeted the entities cooperating with Iran's Mahan Air, Caspian Air, Meraj Air, and Pouya Air.

The Treasury Department claimed in a statement that the banned entities extend a lifeline to the Quds Force of the Islamic Revolution Guards Corps (IRGC).

The statement claimed that Caspian Airlines and Pouya Air had ferried weapons, troops and money to Iran's allies in Syria and Lebanon and threatened to levy sanctions against the entities which grant landing rights and provide services to their aircraft.

Last week, the US named governor of Iran's Central Bank Valiollah Seif and another senior banking official as “specially designated global terrorists” for allegedly assisting the IRGC's Quds Force.

The latest anti-Iran sanctions follow President Donald Trump’s announcement on May 8 of the US withdrawal from the Iran nuclear deal, the Joint Comprehensive Plan of Action (JCPOA).

Trump also vowed to reinstate US nuclear sanctions on Iran and impose “the highest level” of economic bans on the Islamic Republic.

Two days later, the US Treasury sanctioned six Iranian individuals and three entities for allegedly operating a currency exchange network that transferred millions of US dollars to Quds Force.

Iran has said it would remain in the JCPOA for now, pending negotiations with the other signatories in the coming weeks before making a final decision on its future role in the agreement.

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