World

United States Sanctions Russian And Chinese Companies Over Iranian Drones, Military Aircraft

On Tuesday, the Biden administration imposed new Iran-related sanctions, targeting individuals and businesses in Iran, Russia, China, and Turkey in connection with Tehran’s drone and military aircraft programmes.

According to the US Department of Treasury, the sanctions target seven individuals and four entities in the four countries that have facilitated shipments and financial transactions to the Iran Aircraft Manufacturing Industrial Company and its unmanned aerial vehicle (UAV) and military aircraft efforts.

In a statement, Brian Nelson, US Treasury Under Secretary of Terrorism and Financial Intelligence, stated, “Iran’s continued, deliberate proliferation of its UAVs enables Russia, its proxies in the Middle East, and other destabilizing actors to undermine global stability”.

“The United States will continue to take action against Iran’s UAV procurement networks, and encourages jurisdictions to exercise the due diligence necessary to prevent the export of these components to Iran”, the statement reads.

According to the Treasury, Washington previously sanctioned five Chinese firms and one individual for selling and shipping aircraft components, including parts for drones, to an Iranian company.

Even as the two countries engaged in a swap this week with five Americans liberated from Iran returning to the United States earlier on Tuesday, U.S. officials suggested further penalties on Iran were expected.

Also read: “US Fanning Flames Of Violence In Ukraine”, Says Iran’s President

Spriha Rai

Recent Posts

‘In Kabul, A Cat Has More Freedom Than A Woman’: Revisiting Women’s Struggles Under The Taliban

The Taliban’s regime has since imposed over 100 laws restricting women's rights, stripping them of…

6 hours ago

PM Modi’s Gifts: A Glimpse Of India’s Cultural Heritage In Global Diplomacy

These gifts to world leaders reflect the diverse traditions, arts, and crafts of India, emphasizing…

9 hours ago

Dr Rajeshwar Singh Calls For Bold Goals To Make India A Global Power By 2047

Dr Singh stressed the importance of reaching a GDP of $15 trillion by 2047 to…

9 hours ago

Gautam Adani Faces Indictment In US: Legal Expert Vijay Aggarwal Dismisses Immediate Repercussions

Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment…

9 hours ago

Adani Group Stocks Recover As Sensex nd Nifty Post Gains

After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements…

11 hours ago

Sensex Soars 1,961 Points, Nifty Gains 557 In Broad-Based Market Rally

A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend.…

11 hours ago