The United States has imposed a new round of sanctions on a network of actors and companies allegedly involved in Iran’s drone production. The move is expected to further isolate the Islamic republic and hamper its efforts to increase its military prowess.
The network targeted by the sanctions includes seven companies and six individuals. The companies are based in Iran, Lebanon, the UAE, and China. Allegedly, the network has been providing technology and support for Iran’s military drone production. It has been actively supplying drones with long range capabilities, which could pose a threat to the security of the United States and its allies.
The sanctions imposed by the US Department of Treasury are specifically designed to paralyze the network’s ability to continue providing Iran with technical expertise and material goods. Under the sanctions, the network’s members and associated persons are not allowed to conduct business or financial activity with any US person.
According to Secretary of State Mike Pompeo, the sanctions serve as a “stern warning” to anyone considering doing business with entities supporting Iran’s drone production. He also noted that the US will continue to pursue diplomatic, economic, and military measures to constrain Iran’s expansionary ambitions across the Middle East.
The new sanctions are yet another example of the US’s hardline stance on Iran. Over the past few years, the US has re-imposed crippling economic sanctions on Iran in order to force it to curb its nuclear weapons and ballistic missile activities.
The US government has made it clear that it will not hesitate to use all tools at its disposal to contain Iran’s geopolitical influence. The sanctions imposed on the network involved in Iran’s drone production are a reminder of the US’s readiness to use its economic leverage to weaken and constrain Tehran’s military capabilities.
The United States has imposed a new round of sanctions on a network of actors and companies allegedly involved in Iran’s drone production. The move is expected to further isolate the Islamic republic and hamper its efforts to increase its military prowess.
The network targeted by the sanctions includes seven companies and six individuals. The companies are based in Iran, Lebanon, the UAE, and China. Allegedly, the network has been providing technology and support for Iran’s military drone production. It has been actively supplying drones with long range capabilities, which could pose a threat to the security of the United States and its allies.
The sanctions imposed by the US Department of Treasury are specifically designed to paralyze the network’s ability to continue providing Iran with technical expertise and material goods. Under the sanctions, the network’s members and associated persons are not allowed to conduct business or financial activity with any US person.
According to Secretary of State Mike Pompeo, the sanctions serve as a “stern warning” to anyone considering doing business with entities supporting Iran’s drone production. He also noted that the US will continue to pursue diplomatic, economic, and military measures to constrain Iran’s expansionary ambitions across the Middle East.
The new sanctions are yet another example of the US’s hardline stance on Iran. Over the past few years, the US has re-imposed crippling economic sanctions on Iran in order to force it to curb its nuclear weapons and ballistic missile activities.
The US government has made it clear that it will not hesitate to use all tools at its disposal to contain Iran’s geopolitical influence. The sanctions imposed on the network involved in Iran’s drone production are a reminder of the US’s readiness to use its economic leverage to weaken and constrain Tehran’s military capabilities.