Tag Archive for Sanctions

Treasury Department announces sanctions against persons and entities linked to Iranian WMD programs, as well as military support for Syria’s Assad

iran-map-200

The U.S. Treasury Department announced on Dec. 21, 2012, that it was “designating” four companies and one individual under Executive Order 13382 that targets weapons of mass destruction (WMD) proliferators and their supporters. The action prohibits U.S. parties from doing business with the parties designated, freezes any U.S. assets of the parties and potentially cuts off access to the U.S. financial system for any foreign