US hits major Iranian airline with sanctions

24.06.2011                      22.Siwan, 5771

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US hits major Iranian airline with sanctions

Iranian airline, port operator singled out because of ties to Revolutionary Guard and role in shipment of equipment, arms and technology.

The US Treasury on Thursday sanctioned a major Iranian airline and port operator in an effort to disrupt a transportation system America says is helping in nuclear and other arms proliferation activities.
US officials said the two companies – Iran Air and Tidewater Middle East Co. – were singled out because of ties to the Iranian Revolutionary Guard Corps, and their role in facilitating the shipment of equipment, arms and technology linked to Tehran’s missile program, and efforts to acquire nuclear capabilities….