US blacklists 2 UAE-based entities over ties to Iranian airline

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Picture Supply : AP

US blacklists 2 UAE-based entities over ties to Iranian airline

The US authorities mentioned that it has blacklisted two United Arab Emirates (UAE)-based firms over their ties to Iran’s Mahan Air. In an announcement on Wednesday, the Treasury Division mentioned that the 2 firms, Parthia Cargo and Delta Elements Provide FZC, offered key elements and logistics service for Mahan Air, which has been blacklisted by the US since 2011, studies Xinhua information company.

UAE-based Iranian nationwide Amin Mahdavi, the CEO and proprietor of Parthia Cargo, was additionally designated by the Treasury.

“The Iranian regime makes use of Mahan Air as a device to unfold its destabilizing agenda around the globe, together with to the corrupt regimes in Syria and Venezuela, in addition to terrorist teams all through the Center East,” Treasury Secretary Steven Mnuchin mentioned within the assertion.

In line with the assertion, all property and pursuits of the designated entities and the person within the US have been blocked, and Individuals are prohibited from partaking in any transactions with them.

Additionally on Wednesday, Iranian President Hassan Rouhani vowed continued resistance in opposition to the US sanctions, saying that it could ultimately “break and go away”.

The designation got here amid a recent spherical of US most stress marketing campaign in opposition to Iran.

Following its failed try on August 14 within the UN Safety Council to increase the arms embargo in opposition to Iran, the US has threatened to invoke snapback sanction, restoring all pre-2015 UN sanctions in opposition to Tehran.

Secretary of State Mike Pompeo doubled down the snapback rhetoric on Wednesday throughout his joint press briefing with visiting Iraqi International Minister Fuad Hussein.

Hussein, nevertheless, didn’t remark when requested his stance on the US’ choice, solely saying that Iraq sought good relations with each Tehran and Washington.

Below the Safety Council Decision 2231, which endorsed the 2015 nuclear deal between Iran and the UK, China, France, Germany, Russia and the US, the arms embargo in opposition to Tehran is ready to run out on October 18.

Tehran mentioned it could not settle for a renewal of the embargo.

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