OFAC Sanctions Chinese, Hong Kong Companies Supplying Drones to Iran
The Office of Foreign Assets Control this week sanctioned six companies based in mainland China and Hong Kong that have helped to supply drone parts to sanctioned Iranian firms. OFAC said the companies “facilitate the purchase and shipment of key unmanned aerial vehicle components to Pishtazan Kavosh Gostar Boshra, sanctioned in 2019, and its subsidiary Narin Sepehr Mobin Isatis, which supply Iran’s UAV and ballistic missile programs.
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The designations target Dingtai Industrial Technology Co Limited, Yonghongan Trade Limited, Hong Kong Tianle International Co Limited, DDC Develop Industry Hong Kong Limited, Shenzhen Zhiyu International Trade Co Ltd and JP Oriental International Holdings Limited. OFAC said they have helped to ship Western-origin aircraft parts and other items to Iran, including valve assemblies, radio frequency connectors and engines.