OFAC ADDS 1 INDIVIDUAL AND 5 ENTITIES TO IRAN SANCTIONS LISTS

On 16 December, OFAC advised that it had added a Vietnamese national and a number of companies (2 UAE, 1 Chinese, 1 Hong Kong, 1 Vietnamese) to its SDN List.  These were listed for supporting the Iranian petrochemical industries, with 4 listed for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co Ltd, an entity itself designated by OFAC in January 2020.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201216

https://home.treasury.gov/news/press-releases/sm1214

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017