In a statement, the Treasury said it 'will continue to enforce sanctions against Iran’s military procurement efforts that contribute to regional insecurity and global instability,' U.S. imposes sanctions on network supporting Iran's military programs:
WASHINGTON -The United States on Wednesday imposed sanctions on a procurement network it accused of supporting Iran's drone and military programs, targeting companies and suppliers in China, Iran and elsewhere in the fresh action aimed at increasing pressure on Tehran.
"Treasury will continue to enforce its sanctions against Iran’s military procurement efforts that contribute to regional insecurity and global instability." The Treasury targeted the managing director of PASNA, accusing him of being responsible for the company's sanctions evasion efforts. It said he used front companies to seek a variety of electronic components from suppliers based primarily in China.
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