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Over 700 individuals and legal entities fell under the US sanctions

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Over 700 individuals and legal entities fell under the US sanctions
November 06
09:00 2018

The sanctions against Iran have affected the airline Iran Air, a shipping company IRISL and a few dozen banks. In general, the restrictions have affected about seven hundred entities.

The US Treasury notes that restrictive measures are aimed not at people, but at the government of the country.

The assets of US citizens and companies that are under sanctions will be blocked. Transactions with members of the sanctions list are also prohibited. US authorities will apply measures to those who trade with the subjects of this list.

The US Treasury explained that if the Iranian side did not change the policy, it would be isolated. “The pressure exists to show the current regime that as long as the course does not change, the isolation will increase,” said Steven Mnuchin.

Sanctions, approved prior to the agreement on the Iranian nuclear program in 2015, began to operate at 8 am Moscow time.

 

The material was prepared with the participation of Anjela Chromova,
a leading analyst of the brokerage company CT Trade

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