US Treasury sanctions suppliers for Iran’s military programs

ISTANBUL

The US Treasury Department announced Wednesday that it has designated one individual and six entities in a sanctions evasion network that has facilitated Iran’s procurement of electronic components for its destabilizing military programs, including those used in unmanned aerial vehicles (UAVs).

The department said Iran’s proliferation of UAVs and other weapons continues to destabilize the Middle East region and beyond.

"The network sanctioned today has procured goods and technology for the Iranian government and its defense industry and UAV program,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson.