SpaceWar.com - Your World At War
US hits Iran 'nuclear enrichment network' with sanctions
Washington, July 18 (AFP) Jul 18, 2019
The US Treasury named a group of companies in Iran, Belgium and China to its sanctions blacklist Thursday for acting as a supply network for Tehran's nuclear enrichment program.

The companies served as a procurement network for Iran's Centrifuge Technology Company (TESA), which produces enrichment centrifuges for the Atomic Energy Organization of Iran (AEOI), the Treasury said.

The network was led by Iranian firm Bakhtar Raad Sepahan and its overseas affiliates. It also included a Chinese firm, Henan Jiayuan Aluminum Industry Company, which was also sanctioned.

Other sanctioned entities are front companies based in China and Belgium, the Treasury said.

"Treasury is taking action to shut down an Iranian nuclear procurement network that leverages Chinese- and Belgium-based front companies to acquire critical nuclear materials and benefit the regime's malign ambitions," said Treasury Secretary Steven Mnuchin in a statement.

"Iran cannot claim benign intent on the world stage while it purchases and stockpiles products for centrifuges."

The sanctions were announced ten days after AEOI said its resumed enrichment operations had surpassed limits placed by the 2015 nuclear deal, a deliberate move to press other parties into keeping their side of the bargain.

US President Donald Trump withdrew from the deal between Iran and six world powers in May 2018 and has since reimposed sanctions on many sectors including the crucial oil and financial industries.

Iran demanded the other parties -- France, Germany, Britain, China and Russia -- take steps to guarantee the economic benefits Iran was promised for the drastic limitations imposed on its nuclear program.

Trump warned last week that sanctions against Iran would be "increased substantially" after Tehran surpassed the enrichment cap in the 2015 deal.


ADVERTISEMENT




Space News from SpaceDaily.com
Axiom private mission to ISS delayed because of weather
Trump-Musk showdown threatens US space plans
Japanese company aborts Moon mission after assumed crash-landing

24/7 Energy News Coverage
Leaders warn race for minerals could turn seabed into 'wild west'
China carefully assembling a deep-sea mining strategy
China, South Korea must safeguard free trade, Xi tells Lee

Military Space News, Nuclear Weapons, Missile Defense
Iran says has intel to strike Israel in response to 'any' attack on nuclear sites
Iran says to submit own nuclear proposal to US soon
NATO learns as Ukraine's 'creativity' changes battlefield

24/7 News Coverage
World leaders urged to step up for overexploited oceans
Farmed production of some fish - and seaweed - is soaring
What is the high seas treaty?



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.