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US renews targeting businesses for evading sanctions in Iran trade
FOR the second time, the United States has targeted businesses in Europe and the Middle East for evading sanctions against Iran.
The move reinforces the US aim to keep pressure on Tehran over its nuclear programme after designating sanction evaders since reaching an interim deal with Tehran in November.
Washington says it will continue to enforce existing sanctions until there is a more comprehensive deal to prevent Iran from developing nuclear weapons, Reuters reports.
"We strongly believe that sustaining sanctions pressure will be critical," said a senior US Treasury official.
Under that agreement between Iran and six major powers, including the United States, Tehran agreed to curb sensitive nuclear activities in exchange for limited sanctions relief, including the transfer back to Iran of US$4.2 billion in oil funds held abroad.
The latest US actions prohibit companies and individuals from carrying out financial transactions under US jurisdiction, that is, having American operations subject to US law. The US Treasury said the targeted businesses and individuals operated in Turkey, Spain, Germany, Georgia, Afghanistan, Iran, Liechtenstein and the United Arab Emirates.
The move reinforces the US aim to keep pressure on Tehran over its nuclear programme after designating sanction evaders since reaching an interim deal with Tehran in November.
Washington says it will continue to enforce existing sanctions until there is a more comprehensive deal to prevent Iran from developing nuclear weapons, Reuters reports.
"We strongly believe that sustaining sanctions pressure will be critical," said a senior US Treasury official.
Under that agreement between Iran and six major powers, including the United States, Tehran agreed to curb sensitive nuclear activities in exchange for limited sanctions relief, including the transfer back to Iran of US$4.2 billion in oil funds held abroad.
The latest US actions prohibit companies and individuals from carrying out financial transactions under US jurisdiction, that is, having American operations subject to US law. The US Treasury said the targeted businesses and individuals operated in Turkey, Spain, Germany, Georgia, Afghanistan, Iran, Liechtenstein and the United Arab Emirates.
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