Intel: US lifts Iran-related sanctions, says no connection to nuclear deal
The US Treasury Department has delisted Iran-based entities sanctioned by the Trump administration for alleged involvement in Iran’s ballistic missile program.
The US Treasury Department delisted Iran-based entities on Friday that were sanctioned by the Trump administration for their alleged involvement in Iran’s ballistic missile program.
The department’s Office of Foreign Assets Control (OFAC) determined Mammut Industrial Group and its subsidiary, Mammut Diesel, are no longer blocked under Executive Order 13382, which targets proliferators of weapons of mass destruction and their supporters. The two entities were removed from OFAC’s list of Specially Designated Nationals.
The Trump administration sanctioned Mammut Industrial Group and Mammut Diesel in September 2020, accusing them of being “key producers and suppliers of military-grade, dual-use goods for Iran’s missile programs."
A spokesperson for the Treasury Department speaking on the condition of anonymity declined to say whether there was a change in behavior from Mammut Industrial Group and Mammut Diesel. The spokesperson stressed, however, there was no connection between Friday’s action and the Biden administration’s efforts to bring Iran back to the bargaining table in Vienna.
