OFAC SANCTIONS BOARD OF DIRECTORS OF IRANIAN UAV MANUFACTURER

On 3 February, OFAC announced that it was designating 8 senior executives of Paravar Pars Company, an Iran-based company that was previously sanctioned by the US and EU for manufacturing Shahed-series UAV for Iran’s Islamic Revolutionary Guard Corps Aerospace Force.  OFAC is also identifying 2 Islamic Republic of Iran Navy (IRIN) vessels, the IRIS MAKRAN and the frigate IRIS DENA, as property in which the Government of Iran has an interest.

https://home.treasury.gov/news/press-releases/jy1246

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20230203

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