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US Treasury extends sanctions to 26 Iran-related firms
SIFY News / SIFY News 14-Jan-2011 (one comment)
Washington, Jan 14 (DPA) The US Treasury Department slapped sanctions on 26 companies affiliated with Iran's state-run shipping line and aerospace industries that are believed to be involved in the Islamic Republic's ballistic missile programme. The treasury Thursday designated 24 shipping companies allegedly operating as fronts for the Islamic Republic of Iran Shipping Lines (IRISL) and two entities that are subordinates of the country's Aerospace Industries Organisation (AIO).
Positive developments.
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