U.S. issues new Iran-related sanctions -Treasury Dept website

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U.S. issues new Iran-related sanctions -Treasury Dept website
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Watch onWASHINGTON - The United States issued new sanctions Wednesday on people and companies based in Iran, Hong Kong, China and Venezuela for enabling Iran's ballistic missile and drone programs, the Treasury Department said.

The companies include the Iran-based Fanavaran Sanat Ertebatat Co, which produces jam-resistant guidance systems, and two directors, Armin Ghorsi Anbaran and Hossein Hemsi, Treasury said. Treasury said China-based Lin Jinghe, also known as Gary Lam,"procured Japanese-, Swiss-, Taiwanese-, and UK-origin, dual-use circulators, amplifiers, inductors, and other electronic components for Matinkia using his Hong Kong-based company Nanxigu Technology Co., Limited." Hong Kong-based Dali RF Technology Co. Limited was cited for receiving transfers related to Lin Jinghe’s procurement, it said.

Treasury also cited other people involved in Iranian weapons proliferation networks led by Emily Liu and Rayan Roshd Afzar Company, including China-based Yongxin Li and Yiu Wa Yung of Hong Kong, it said.

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