Treasury’s Iran blacklist of backers of terror grows

Nine cited for aiding Hezbollah, Taliban

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The Iranian Transactions Regulations prohibit transactions between U.S. citizens and the government of Iran. Any assets the designees have under U.S. jurisdiction have been frozen.

Treasury said that by identifying these entities — including banks, investment companies and technology firms — “U.S. persons and others are better able to identify Iranian government entities and protect themselves against the risks posed by such entities.”

At the State Department, spokesman P.J.Crowley said, “The cost of doing business for Iran is going up.”

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About the Author
Ashish Kumar Sen

Ashish Kumar Sen

Ashish Kumar Sen is a reporter covering foreign policy and international developments for The Washington Times.

Prior to joining The Times, Mr. Sen worked for publications in Asia and the Middle East. His work has appeared in a number of publications and online news sites including the British Broadcasting Corp., Asia Times Online and Outlook magazine.

 

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