April 25, 2017

April 24, 2017

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Trump Administration Imposes New Iran Sanctions

In response to recent ballistic missile testing activities by the Islamic Republic of Iran, the Trump administration, on 3 February 2017, issued its first economic sanctions, adding 13 individuals and 12 entities to the Office of Foreign Assets Control (OFAC) list of specially designated nationals and blocked persons. The designations were made under counter-proliferation and counter-terrorism sanctions programs, and include persons and entities tied to Iran’s Islamic Republican Guard Corps (IRGC). The list of persons designated under the measure is published on the OFAC website.

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