New Sanctions under the Iran, North Korea, and Syria Nonproliferation Act (INKSNA)

The United States is sanctioning 13 foreign entities and individuals
in China, Iraq, Russia, and Turkey pursuant to the Iran, North Korea,
and Syria Nonproliferation Act (INKSNA).  This action includes new
sanctions against five entities/individuals in China (Luo Dingwen,
Baoding Shimaotong Enterprises Services Company Limited, Gaobeidian
Kaituo Precise Instrument Co. Ltd , and Wuhan Sanjiang Import and Export
Co., Ltd) and Turkey (Eren Carbon Graphite Industrial Trading Company,
Ltd) for supporting Iran’s missile program.  The Chinese individual Luo
Dingwen has also been involved in supplying sensitive items to
Pakistan’s weapons program.

The recent determinations were the result of a periodic review of
sanctionable activity as required by INKSNA.  We have imposed two-year
discretionary sanctions on the 13 individuals/entities identified in
this report.  The sanctions include restrictions on U.S. government
procurement, U.S. government assistance, and exports.

The imposition of these measures underscores that Iran’s missile
program remains a significant proliferation concern.  The imposition of
sanctions against these foreign entities is consistent with our efforts
to use all available measures to prevent Iran from advancing its missile
capabilities.

CENTCOM SPOKESMAN BRIEFS REPORTERS ON SEIZURES OF IRANIAN-PRODUCED WEAPONS

Navy Capt. William Urban, a U.S. Central Command spokesman, briefs reporters on recent maritime seizures of Iranian-produced weapons, Feb. 19, 2020.

Iran’s Commitments to the Financial Action Task Force

Michael R. Pompeo, Secretary of State

The United States calls on Iran to fulfill its commitments to the Financial Action Task Force (FATF) and adhere to the FATF’s anti-money laundering and combating the financing of terrorism standards that protect the international financial system from illicit finance. Iran should be treated like any other nation. Nearly every country in the world has adopted these standards.

Since Iran’s FATF action plan expired in 2018, Iran has failed to fulfill its commitments, including passing the UN Palermo and Terror Financing Conventions. It is past time for Iran to complete the action plan it agreed to in June 2016 or face the full re-imposition of countermeasures.