OFAC Sanctions Iranian UAV, Missile Equipment Procurement Network
The Office of Foreign Assets Control this week sanctioned four entities and three people in Iran and Turkey for procuring equipment for Iran’s drone and weapons programs. The designations target Farazan Industrial Engineering, a company that has tried to buy…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
tens of thousands of dollars’ worth of European turbine engines for Iran’s unmanned aerial vehicles and missiles, and its managing director Amanallah Paidar. Also sanctioned were Iran’s Defense Technology and Science Research Center; Murat Bukey, a procurement agent; Ozone Havacilik Ve Savunma Sanayi Ticaret Anonim Sirketi, which facilitates Bukey’s business with Iran; Asghar Mahmoudi, who has provided marine electronics to Iran; and Selin Technic, used as a front company by Mahmoudi.