As part of its efforts to counter Iran’s “aggressive development of ballistic missiles”, the US on Wednesday imposed sanctions on 32 entities and individuals, including those from India.
The US state department said the action is in line with President Donald Trump’s efforts to counter Iran’s “aggressive” development of missiles and other asymmetric and conventional weapons.
The 32 entities and individuals sanctioned are based in countries like Iran, China, Hong Kong, the United Arab Emirates, Turkiye, India, and other jurisdictions that operate multiple procurement networks supporting Iran’s ballistic missile and unmanned aerial vehicle (UAV) production, it said.
“At the direction of President Trump, we are putting maximum pressure on Iran to end its nuclear threat,” said US Under Secretary of the Treasury (terrorism and financial intelligence) John K Hurley.
“The United States also expects the international community to fully implement UN snapback sanctions on Iran to cut off its access to the global financial system,” he added.
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The Treasury department linked India-based Farmlane Private Limited (Farmlane) to a United Arab Emirates-based firm, named Marco Klinge (Klinge), which allegedly facilitated the procurement of materials like sodium chlorate and sodium perchlorate.
Hurley accused Iran of exploiting financial systems across the globe to launder funds and procure components for its nuclear and conventional weapons programmes, and said the action supports the reimposition of UN sanctions and restrictive measures on Iran in September as a response to the country’s “significant non-performance” of its nuclear commitments.
The State Department said the US will continue to use all available means, including sanctions on entities based in third countries, to “expose, disrupt, and counter Iran’s procurement of equipment and items for its ballistic missile and UAV programmes, which jeopardise regional security and international stability”.
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