New Sanctions Increase Pressure on Iran’s UAV and Ballistic Missile Programs

The United States is today sanctioning six entities based in the People’s Republic of China, including Hong Kong, that have been involved in the procurement of key components by entities connected to Iran’s UAV and ballistic missile programs.

Today’s action, which is part of President Trump’s maximum pressure campaign on the Iranian regime, aims to disrupt efforts by the Iranian entity Pishtazan Kavosh Gostar Boshra (PKGB) to reconstitute its procurement network and continue obtaining critical parts from foreign suppliers.

The United States will use all available means to expose and disrupt Iran’s growing UAV and missile development and proliferation, which destabilizes the Middle East and beyond.We will continue to act against the complex schemes Iran employs to conceal its acquisition of sensitive technology for its missile and UAV programs.  These programs produce missiles and drones that Iran uses against our allies and exports to its terror proxy groups and Russia.

The Department of the Treasury’s action was taken pursuant to Executive Order (E.O.) 13382, which targets proliferators of weapons of mass destruction (WMD) and their supporters. Please click for Treasury Press Release: Here